Petroleum resources pessimism debunked in Hubbert model and Hubbert modelers' assessment

07/14/2003
Recently, numerous publications have appeared warning that oil production is near an unavoidable, geologically determined peak that could have consequences up to and including "war, starvation, economic recession, possibly even the extinction of homo sapiens" (Colin Campbell in Ruppert 2002). The current series of alarmist articles could be said to be merely reincarnations of earlier work, which proved fallacious, but the authors insist that they have made significant advances in their analyses, overcoming earlier errors. For a number of reasons, this work has been nearly impenetrable to many observers, which seems to have lent it an added cachet. However, careful examination of the data ...
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