One year ago, Congress responded to the chorus of Americans calling for more American energy by lifting the ban on offshore drilling. For the first time in a quarter-century, it became legal to drill ...

(Oil & Gas 360) By Greg Barnett, MBA – Hubbert Peak Theory is having a quiet second life. Not as prophecy, and not as an obituary for oil, but as a structural framework that has finally been ...

Below are some excerpts from the Energy Wire article by Colin Sullivan titled “Has ‘peak oil’ gone the way of the Flat Earth Society?” As the headline suggests and as the graph above helps to ...

Peak oil theories have been around for decades. Marion King Hubbert accurately predicted a peak in U.S. oil production in 1956, in the first widely published peak oil theory. Since then, people have ...

In 1956, Marion King Hubbert, a prominent geologist for what is now Royal Dutch Shell, made a bold prediction. Based on an extensive analysis of reserves and production data, he concluded that U.S.

Forbes contributors publish independent expert analyses and insights. Robert Rapier is a chemical engineer covering the energy sector. CALIFORNIA, USA - APRIL 14: A view of oil-well in action during ...

LONDON (Reuters) - 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 ...

Also published in The Argument Substack Fri. February 6, 2026. In 2007, a prominent conservative academic predicted civilization would collapse within months. The culprit: peak oil. The collapse never ...

Ever since M. King Hubbert in the 1950s convinced a lot of people with his "peak oil" theory that production would collapse and we'd eventually exhaust our crude supplies, the clock has been running.

Recent reports are beginning to suggest global oil demand may not, in fact, peak by 2030. The International Energy Agency, in its World Energy Outlook last week, offered one scenario in which global ...