Oil depletion
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Damian
What is the Hubber Peak Theory and why is it important?
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replied to:  Damian
rnlunatic
Replied to:  What is the Hubber Peak Theory and why is it important?...
The Hubbert peak theory is one of the most well known theories of oil depletion. It posits that for any given area, the rate of petroleum production follows a bell-shaped curve.
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replied to:  rnlunatic
rnlunatic
Replied to:  The Hubbert peak theory is one of the most well known...
The Hubbert peak theory allows us to guess at future production using past observations.
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replied to:  rnlunatic
jbarnes1
Replied to:  The Hubbert peak theory allows us to guess at future production...
There it is in plain English...it's a Theory...that's it...no proof...just a wild guess...heh, I have a theory too...my theory is that the world will never run out of oil...ever...ever...till infinity+1...its just a theory...
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