Another Voice: Peak oil ...Middle East

News by : (Ukiah Daily Journal) -
The carbon content of fossil fuels is driving the climate crisis, but that is not the only reason to rapidly shift to renewables. For decades people have been concerned about the issue of peak oil, first mentioned by oil geologist Marion King Hubbard in 1956.  He proposed that since oil was finite, any given reserve had a natural production cycle, which would eventually peak and then inexorably decline.  He suggested the US domestic reserves would peak in the early 70’s.  While ridiculed at the time, US production did peak in 1972.  He also predicted that global production would peak in the early 2000’s. Global production of conventional oil (everything other than deep water, shale oil, and

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