50th Anniversary of Peak Oil Prediction

Thursday, March 09, 2006

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

San Francisco, CA (PRWEB) March 9, 2006 -- 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).

Though experts ridiculed Hubbert at the time -- after all, the U.S. was the world’s leading oil producer in the 1950s and production was growing steadily -- his prediction was correct and his legacy has inspired generations of geologists and scientists who now see the world itself reaching “Hubbert’s Peak.”

Read the full press release from SF Informatics.