The End Of Oil
July, 2005
IN BOTH GEOLOGIC AND ECONOMIC MODELS, THE DAY OF RECKONING IS NEARIs the world running out of oil? It would seem the most contemporary question imaginable, but long ago two leading researchers answered it definitively. The problem is, they came to opposite conclusions. M. King Hubbert, a Shell Oil geophysicist who died in 1989, is the patron saint of petroleum Cassandras. According to his theoretical model, the world will run out of oil soon. Very soon, in fact. "Thanksgiving 2005, plus or...
