Who created and first used models to accurately predict the peak in US oil production? [Hint: It was not Ken Deffeyes.]

Running Head : Peak Oil Peak Oil

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In recent years various scientists , among them petroleum engineer Jean Laherrere and petrogeologists Colin Campbell , have argued that global oil production would peak in the early 2000s . This is known as peak oil the tipping point in which oil production begins to decline , and is based primarily upon the work of M . King Hubbert , a petrogeologist who worked for Shell Oil Company from the 40s to 60s (Deffeyes , 2001

Hubbert 's predictions of a dire future for oil were

not unprecedented and many individuals before him had raised alarm over the future of oil but ultimately turned out to be Cassandras . As such , it is not entirely surprising that any succeeding warnings about oil have been dismissed by both the American public and oil companies themselves . However controversy over the veracity of his claims ended when U .S . oil production began to decline , ultimately proving him correct (Deffeyes 2001

The model used in Hubbert 's peak oil theory has come to be known as the Hubbert curve or Hubbert 's peak . This is because his theory , as he presented it to the American Petroleum Institute , rests on the position that petroleum production in any given territory tends to follow a bell curve . Hubbert based this theory on the observation that the oil reserves in any production site are finite , and that when half of the reserves are gone , extraction rate begins to decline (Hubbert , 1956

Any given curve has...