[AC_Hacker]

Here is an interesting review of some previous predictions of Peak Oil and when it will arrive...

Last week, at a public meeting, I was asked several times if this famed "peak oil" has arrived or not. People who have heard of peak oil seem to be becoming impatient, but I am afraid we'll have to wait a little longer. Peak oil is not here yet, at least if we intend it as a significant decline in the production of combustible liquids. Does that mean that the predictions based on the Hubbert model were wrong? In a sense, yes: you should know that all models are wrong by definition. Some, however, can be useful if you know how to use them. That's the case of the Hubbert model: it had given us a useful warning that, however, we chose to ignore. Let me explain this point by means of a summary of a talk that I gave at the conference on the future of energy organized in Basel by the Club of Rome on 16-17 october 2011. A few months have passed since I gave that talk, but things haven't changed much from then.

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-AC