News

"Peak Oil Theory" is a concept originally derived from the measured postulates and predictions of M. King Hubbert, who in the year 1956, set out to scientifically formulate a method to ...
Promoters of the various brands of Peak Oil theory took several body blows this week via remarks delivered by IEA Chief Fatih Birol in Davos and a new study issued by Rystad Energy.
The Organization of the Petroleum Exporting Countries said that global oil consumption will continue to swell well into the ...
Peak oil is the theory that at some point in time, global oil production will peak and begin to drop. Some analysts say it has already happened. Others question the very idea.
Instead of hitting peak oil as many have predicted, worldwide oil production seems to be going up. S&P 500 +---% | Stock Advisor +---% Join The ...
Press IIlustration/Steve Young Eric Saigeon typed "peak oil" into a Google search this spring, and his life may never be the same. The 27-year-old Grand Rapids Community College student dove into ...
First, the need for innovation doesn't make peak oil a theory. If any, it confirms peak oil as a problem. Second, it's not the oil price that makes oil cheap but the energy required to extract it.
All right, the headline might be a tad hasty. Nevertheless, geologist M. King Hubbert famously (and so far) correctly predicted in 1956 that U.S. domestic oil production in the lower 48 states ...
As I have explained earlier geologist M. King Hubbert famously predicted in 1956 that U.S. domestic oil production in the lower 48 states would peak around 1970 and begin to decline.
When Haitham Al-Ghais, the director of market research for the Kuwait Petroleum Corporation, was asked about peak oil demand Monday, he smiled broadly and responded quizzically, "what demand ...
The decision to shutter "The Oil Drum," the leading website devoted to peak oil, has come to symbolize the end of an era - and sparked a furious debate about whether the theory was all along based ...