1995 + 10, stated calmly in 1976
posted by JMS @ 11:10 PM
3 comments
Thursday, March 08, 2007
email comments : peake.blog@gmail.com
References
Intersections
Previous Posts
- money floats on oil, part two
- money floats on oil
- too cheap to meter
- back in the saddle
- fresh rotten eggs scent
- War is a Calamity, News at Eleven!
- terraforming for dummies
- just wanted to warm up my pizza
- a year of oil via the oil drum
- uranium: I feel pretty
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3 Comments:
Stunning. I've heard Hubbert's global oil Peak prediction of 1995 ridiculed by cornucopians - but here, in 1976, he allows for a +10 year addition as a result of OPEC curtailment - and this was before the 1979 oil shock (which would push peak back a few more years, presumably).
Current articles on theoildrum.com seem to suggest that Saudi peaked in 2005, meaning that we are at or very close to Global Peak Oil production.
chilling.
yeah in every era we tend to think that those who came before were rubes and ignorant savages at best, excepting a few luminaries like da-vinci and newton.
truth is, i think we is getting stupider
just look at physics cosmology. just how many invisible fudge factors and "new branches" of implicit physics are we choking on this week?
but I digress. Hubbard is obviously one of the immortals, if only because he is clearly sensible.
thanks for your post I like your site.
Hubbert
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