Wednesday, March 08, 2006

50th Anniversary of M. King Hubbert's Peak Oil Speech

SYNOPSIS: Derided at the time, legendary geophysicist correctly predicted U.S. oil production peak; new chart shows "Hubbert's Peak" for the world is arriving on schedule.

SF Informatics joins geologists and citizens worldwide in celebrating the 50th anniversary Marion King Hubbert's famous presentation -- delivered on March 8, 1956 at a regional conference of the American Petroleum Institute in San Antonio -- in which he accurately predicted the 1970 peak of oil production in the United States (lower 48).

( Full story here )

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