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Online: Bell the cat

http://www.peakoil.com

In 1956 M King Hubbert, a geologist for Shell Oil, predicted that production of oil would peak in the 1960s, and will decline then. Although derided by most in the industry, he was correct. Hubbert was the first to assert that oil discovery, and therefore production, would follow a bell shaped curve over its life.

The bell shaped curve when charted on a graph shows that the peak of production occurs when approximately half of the oil in a region

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