On Wed, 31 Oct 2007 20:24:40 -0700 (PDT) stephen...@yahoo.com wrote:
> King Hubbert accurately predicted in
> 1956 that US oil production would peak in 1970, which it did. However, 
> his model is generally considered to have failed since, as his
> predicted bell shaped decline has been more of a modest sloping curve
> (including a second peak in 1985). 

May I add that Hubbert used conventional (liquid) oil in his calculations and 
did not include unconventionals like heavy oil, tar sands and oil shale. If you 
only include conventionals, I think the bell curve is steeper going down.

--
Lyndon Tiu

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