Sunday, June 8, 2008

Peak Oil Analysis - A Hubbert Model Rebuttal

Here is an article shedding doubt on several recent peak oil projections. The author, Michael C. Lynch, goes about debunking several of the more doomsdayish projections currently cited in peak oil discussions. Primarily, these are based upon M. King Hubbert's work, who very accurately predicted the peak of U.S. oil reserves. The one issue I have with this article is that while it does a good job of casting doubt on several studies, it makes no predictions of its own.

A rather quick read, but heavy on statistics. I admit I have not extensively read the studies that this paper 'debunks'. So little time...

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