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Ignoring the Shale Revolution; U.S. oil production, at nearly nine million barrels per day, is nine times what Hubbert predicted it would be in the 21st century
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Ignoring the Shale Revolution; U.S. oil production, at nearly nine million barrels per day, is nine times what Hubbert predicted it would be in the 21st century

R. Tyler Priest
The Wall Street Journal Online
04/25/2016

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Abstract

On March 8, 1956, Shell Oil research geologist Marion King Hubbert delivered a keynote speech at an American Petroleum Institute meeting in San Antonio, Texas, and predicted that U.S. oil production would peak within 10 to 15 years. The ...
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