Sunday, September 18, 2011

'Hubbert's Peak Is Still Not In Sight'

So says Daniel Yergin for The Wall Street Journal, here:


By 2010, U.S. oil production was 3.5 times higher than Hubbert had estimated: 5.5 million barrels per day versus Hubbert's 1971 estimate of no more than 1.5 million barrels per day.