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Who Is Marion King Hubbert And Why Is It So Important?

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Marion King Hubbert was a geophysicist who worked for the oil company Shell, in Houston, Texas. In 1956, he presented research at the American Petroleum Institute, indicating that US oil production would peak between 1965 to 1970 and then begin to decline. His proposal was met with much criticism ... until in 1970 Hubbert became famous, because actually this year oil production is projected down irretrievably .

In addition, Hubbert made a prediction much deeper , regarding a decline in world oil production in the medium term (40 years ago), using a fairly reasonable method.

What is the peak of Hubbert and why is it so important?

As is known, oil is a nonrenewable resource, that is, there is a limited amount. Thus, in each oil well, there

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