In 1956, Marion King Hubbert, a prominent geologist for what is now Royal Dutch Shell, made a bold prediction. Based on an extensive analysis of reserves and production data, he concluded that U.S.

“I submit that meeting the growing global demand for crude oil over the last five years has posed significant challenges for the world economy. And those who worry that the next 5-10 years might be ...

Climate change shifted the oil production debate from scarcity to demand. But without delivering on ambitious green pledges, one expert predicts production may peak within two years, forcing a chaotic ...

Typically, in an oil-producing region, extraction starts slow, builds up to a peak as more wells are drilled, and then declines as the cost of accessing what’s left inevitably rises. Drillers ...

A guest poster over at Econbrowser claims that the new EIA oil supply projections are a “Hard Core Peak Oil Forecast”. His argument is that the EIA has been steadily reducing its oil supply ...