Hubbert’s Petroleum Production Model: An Evaluation and Implications for World Oil Production Forecasts

Abstract

Following Hubbert’s successful prediction of the timing of US peak oil production, Hubbert’s model has been used extensively to predict peak oil production elsewhere. However, forecasts of world and regional peak oil and natural gas production using Hubbert’s methodology usually have failed, leading to the implicit belief that such predictions always will… (More)

Topics

5 Figures and Tables

Cite this paper

@inproceedings{Cavallo2005HubbertsPP, title={Hubbert’s Petroleum Production Model: An Evaluation and Implications for World Oil Production Forecasts}, author={Alfred J. Cavallo}, year={2005} }