The Green Files > Hubberts Peak
[Servias Ministries Blog] Conventional world oil production peaked in May of 2005. The producing nations have been unable to sustain production of existing fields as well as replace depleting wells with new discoveries.
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[The Oil Drum - Discussions about Energy and Our Future] The Derivation of "Logistic-shaped" Discovery: In fact the formulation described here supports other growth laws, including monotonically increasing exponential growth.Overall, the curves have some similarity to the Logistic sigmoid curve and its derivative, traditionally used to model the Hubbert peak. Yet it doesn't match the sigmoid because the equations obviously don't match -- not surprising since my model differs in its details from the Logistic heuristics.However,
[Energy and Capital] Peak Oil: King Hubbert stood in front of a crowd at the Plaza Hotel in San Antonio, Texas and delivered his ominous speech. During the speech, Hubbert predicted that U.S. oil production would in the early 1970s.
[mrgreen.Biz] Peak oil primer and links: Many people are working on preparations for peak oil at various different levels, but there is probably no cluster of solutions which do not involve some major changes in lifestyles, especially for the global affluent. Peak oil presents the potential for quite catastrophic upheavals, but ultimately also some more hopeful possibilities: a chance to address many underlying societal problems, and the opportunity return to simpler, healthier and more community oriented lifestyles.
[Crunchy Con] Shell chief: No magic peak oil bullet: The peak-oil theory, as first published by King Hubbert, who was an American former Shell employee, is correct for easy-to-access oil, at least. In his time, this theory was true for easy to access oil in the USA, but he could most certainly not have envisaged the future development of the Gulf of Mexico or todays development of oil sands.
[John's Weird World] Green Man considers Peak Oil: Peak oil was suggested by Shell geologist Dr Marion King Hubbert in 1956 as he had worked out that the discovery and extraction of oil would follow a 'bell curve' distribution. He accurately predicted peak US oil production (1970) and .
[Energy and Capital] Peak Oil: Sure, the oil is sitting right in front of us, but we would be unable to get it. Now, if I had to pinpoint when peak oil was announced to the world, in a heartbeat I would say, "March 8, 1956." That was the day M.
[mrgreen.Biz] Peak oil: Some believe that any peak will not come soon or have a dramatic effect on the world economies. Others believe we will not reach a peak for technological reasons, while still others believe our oil reserves are regenerated quickly over time.
[All Car Info] What are Gas Scooters?: It assumes that oil reserves are not replenishable. It also predicts that future world oil production must unavoidably reach a crest and then decline as these reserves are exhausted.
[The Oil Drum - Discussions about Energy and Our Future] Peak Oil - Whom to Believe? Part 1 - There's Plenty of Oil, CERAiously: The peak oil theory causes confusion and can lead to inappropriate actions and turn attention away from the real issues. Corporations, governments, and other groups, including nongovernmental organizations, need to have a coherent description of how and when the undulating plateau will evolve so that rational policy and investment choices can be made.
[Channeling Hubbert] Shell Execs Briefed on Peak Oil in 1956: Shell deleted the following comments from the published paper that contained Hubbert’s estimates: “Assuming that this prognosis is not seriously in error, it raises grave policy questions with regard to the future of the petroleum industry. It need not be emphasized that there is a vast difference between the running of an industry whose annual production can be depended upon to increase on the average 5 to 10 percent per year and one whose output can be depended upon to decline at that rate.
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