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Old May 22nd 04, 05:16 AM
Tom Sixkiller
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"Mike Rapoport" wrote in message
ink.net...

"Tom Sixkiller" wrote in message
...

out.

"Marion King Hubbert, a geophysicist and a geologist for the USGS, is

known
for predicting, in 1956, that U.S. oil production would peak in 1970 and
decline thereafter. This peak has come to be known as Hubbert's peak and

is
used to allegedly demonstrate that the current demand for oil will lead

to
a
crisis and that that crisis is nearly upon us."


Remakably he was only off by a couple of years.


Production peaked due to interference by EPA and others, not due to
availability or resources. IOW he was right for the wrong reasons.