Tag Archives: M. King Hubbert

An Economic Theory of Limited Oil Supply

Posted on October 25, 2012 by

We seem to hear two versions of the story of limited oil supply: 1. The economists’ view, saying that the issue is a simple problem of supply and demand. Substitution, higher prices, demand destruction, greater efficiency, and increased production of … Continue reading →

Posted in Financial Implications, Oil and Its Future | Tagged , , , , | 156 Comments

The Context of Hubbert’s Peak in World Oil Forecast

Posted on May 2, 2011 by

(Note: This is a post I wrote which is published in today’s ASPO-USA newsletter.) Recently when I was reading some of the papers M. King Hubbert wrote, one thing struck me was the context in which he made his forecast … Continue reading →

Posted in Oil and Its Future | Tagged , , | 13 Comments

Will the decline in world oil supply be fast or slow?

Posted on April 11, 2011 by

I wrote a post last week called Steep oil decline or slow oil decline? Since writing it, I had some additional thoughts on the subject, on reasons to expect a steep decline rather than a slow decline. Furthermore, my article What’s behind … Continue reading →

Posted in Financial Implications, Oil and Its Future | Tagged , , , , | 37 Comments