Remember Peak Oil It Never Went Away
Remember peak oil? We recently wrote that it’s back but according to one of the original “peak oilers,” Richard Heinberg, author of the 2005 Peak Oiler classic “The Party’s Over, Peak Oil Is Back,” it never really went away. According to the analysis done in the ’50s by geophysicist King Hubbert, peak oil was supposed to be happening about now, when production of oil would reach its maximum rate and then start its inexorable decline....