Na klar 14:56 Dec 25, 2005
Putting it all together, Hubbert made a prediction no one was looking for: oil production would peak in the U.S. in 1969.
But his prediction was received with great skepticism by his peers, who had become accustomed to making major new discoveries with some regularity.
His bosses were shocked, and tried to convince Hubbert not to speak out publicly about his theory.
As it turned out, not only was Hubbert right.
He hit it out of the park.
U.S. oil production did in fact peak. |