Tag Archives: petroleum

New model: Peak Oil earlier – 2014

Forecasting the arrival of Peak Oil (the point at which production of oil reaches a maximum and begins to inexorably decline) more than ten years ahead of some other models, a research group at the University of Kuwait used an updated version of the Hubbert model (which correctly estimated the peak output of U.S. oil [...]
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Branson’s no virgin on peak oil

Celebrity endorsements can be a mixed blessing. How do you react when a celebrity such as Richard Branson (that’s SIR Richard Branson, if you please) says something like this: “The next five years will see us face another crunch – the oil crunch. This time, we do have the chance to prepare. The challenge is [...]
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