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2. Predicting the timing of peak oil - Wikipedia

   en.wikipedia.org/wiki/Predicting_the_timing_of...

   In 1956, Hubbert confined his peak oil prediction to that crude oil "producible by methods now in use." By 1962, however, his analyses included future improvements in exploration and production. All of Hubbert's analyses of peak oil specifically excluded oil manufactured from oil shale or mined from oil sands. A 2013 study predicting an early ...

3. Peak oil - Wikipedia

   en.wikipedia.org/wiki/Peak_oil

   Peak oil. A 1956 world oil production distribution, showing historical data and future production, proposed by M. King Hubbert – it had a peak of 12.5 billion barrels per year in about the year 2000. As of 2022, world oil production was about 29.5 billion barrels per year (80.8 M bbl /day), [1] with an oil glut between 2014 and 2018.

4. Hubbert peak theory - Wikipedia

   en.wikipedia.org/wiki/Hubbert_peak_theory

   The Hubbert peak theory says that for any given geographical area, from an individual oil-producing region to the planet as a whole, the rate of petroleum production tends to follow a bell-shaped curve. It is one of the primary theories on peak oil. Choosing a particular curve determines a point of maximum production based on discovery rates ...

5. How soon will it be until the world reaches 'peak oil'? - AOL

   www.aol.com/news/soon-until-world-reaches-peak...

   That shift means that the planet could soon reach what is commonly referred to as “peak oil,“ the point when global production of oil reaches its high point before entering into steady decline ...

6. Oil prices are rising despite a rough start to 2024 — here's why

   www.aol.com/finance/oil-prices-rising-despite...

   Oil's bumpy start in 2024 has turned into a steady climb in recent weeks, with futures for West Texas Intermediate ( CL=F) and Brent ( BZ=F) up more than 9% and 7% year to date, respectively. On ...

7. JP Morgan sees oil prices hitting $125 in 2022, $150 ... - AOL

   www.aol.com/finance/jp-morgan-sees-oil-prices...

   Oil prices are expected to overshoot $125 a barrel next year and $150 in 2023 due to capacity-led shortfalls in ... The bank forecast global oil demand to reach 99.8-101.5 million barrels per day ...

8. Peak gas - Wikipedia

   en.wikipedia.org/wiki/Peak_gas

   Peak coal was in 2013, and peak oil is forecast to occur before peak gas. One forecast is for natural gas demand to peak in 2035. The concept of peak gas follows from Hubbert peak theory, which is most commonly associated with peak oil. Hubbert saw gas, coal and oil as natural resources, each of which would peak in production and eventually run ...

9. Crude oil prices reach highest since October as energy ... - AOL

   www.aol.com/finance/crude-oil-prices-reach...

   The move in oil prices has also led to the energy sector outperforming the S&P 500 so far this year, with the S&P 500 Energy Select ETF touching another 52-week high on Tuesday amid a broader sell ...