Learn about Hubbert's Peak Theory and its implications for oil production, future energy reserves, and economic impact.

Assumptions that oil supplies will start to dwindle come from a legendary episode in the history of petroleum geology. Back in 1956, a geologist named M. King Hubbert predicted that U.S. oil ...

Crude oil is a finite resource that must be discovered, extracted from the earth, transported often over vast distances to refineries, converted into various usable constituent products and then ...

The IEA expects peak oil consumption to be reached by 2030, while OPEC forecasts a longer timeline. The debate over peak oil consumption is a contentious issue that significantly impacts longer-term ...

Theories that oil supply will peak tend to miss the mark, OPEC's secretary general wrote. Such warnings have emerged since the 1880s, but fail to come true, Haitham Al Ghais said. "Throughout history, ...

Discussions concerning a peak in global crude production generally fail to address the potential of America's rich, massive oil shale resources. Aug. 5, 2004 Click on the pdf link below to view entire ...

The debate over when peak oil consumption will occur is a pivotal issue for crude oil markets, with significant implications for traders. • More futures traders are turning to short-dated options to ...