[Gordongekko909]

The Hubbard Peak theory has been around for quite a while. Peaks have been predicted with clockwork regularity for the past three decades. Needless to say, they've been wrong every time.

This is no different from global warming, population bombs, or any other alarmist garbage. Will we eventually run out of oil? Yeah. But not for at least a century. And when oil prices cross with those of other energy sources, we switch. My money's on nuclear.

[GregoryFul]

Hubbard's Peak has been reached in many oil producing countries. It will soon be evident that world peak oil production is upon us. The bell curve peaks when about half of recoverable oil reserves have been pumped out, the 4.7 trillion barrels of world reserves stated in the article include large amounts of oil shale and sands, not easily or perhaps not even economically recoverable. The estimated total easy world oil reserves stood at 2 trillion barrels for a long time, we have used half of that. Oil is becoming ever more difficult and expensive to obtain. Hubbard's Peak is a mathematical projection based upon oil discoveries in various regions, and has been shown true in example after example. We need to be developing alternative energy sources posthaste.