M. King Hubbert - Research

Research

Further information: Oil depletion

Hubbert made several contributions to geophysics, including a mathematical demonstration that rock in the Earth's crust, because it is under immense pressure in large areas, should exhibit plasticity, similar to clay. This demonstration explained the observed results that the Earth' s crust deforms over time. He also studied the flow of underground fluids.

Hubbert is most well known for his studies on the capacities of oil fields and natural gas reserves. He predicted that, for any given geographical area, from an individual oil field to the planet as a whole, the rate of petroleum production of the reserve over time would resemble a bell curve. Based on his theory, he presented a paper to the 1956 meeting of the American Petroleum Institute in San Antonio, Texas, which predicted that overall petroleum production would peak in the United States between the late 1960s and the early 1970s. At first his prediction received much criticism, for the most part because many other predictions of oil capacity had been made over the preceding half century, but these had been based purely on reserve and production data rather than past discovery trends, and had proven false. Hubbert became famous when this prediction proved correct in 1970.

Between October 17, 1973, and March 1974, the Organization of Petroleum Exporting Countries (OPEC) ceased shipments of petroleum to the United States, because of the U.S. giving relief to Israel during the Israeli–Arab war, thus causing what has been called the 1973 energy crisis. In 1975, with the United States still suffering from high petroleum prices, the National Academy of Sciences confirmed their acceptance of Hubbert's calculations on oil and natural gas depletion, and acknowledged that their earlier, more optimistic estimates had been incorrect. This garnered great media attention for Hubbert.

In 1974, Hubbert projected that global oil production would peak in 1995 "if current trends continue". Various subsequent predictions have been made by others as trends have fluctuated in the intervening years. Hubbert's theory, and its implications for the world economy, remain the only factual proof about the case.

Hubbert believed that solar power would be a practical renewable energy replacement for fossil fuels, and that nuclear energy in breeder reactors would be able to sustain us for centuries. He also states that "provided world population can somehow be brought under control, we may at last have found an energy supply (uranium) adequate for our needs for at least the next few centuries of the 'foreseeable future.'"

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