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Oil Peak Peak oil is the point in time when the maximum rate of Petroleum extraction is reached

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Oil PeakPeak oil is the point in time when the maximum rate ofPetroleum extraction is reached

What is the oil peak Peak oil is the point in time when

the maximum rate of Petroleum extraction is reached.

The production is expected to decline after that point.

Oil Peak

The History Hubbert peak theory Presented by M.King Hubbert Controversial Proven right in the 70’s Technologiacal advantages might create

a leg in the curve

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The global Oil Peak Curve

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The American curve

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Reached its peak in in 1970

The demand of oil

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The demand of oil

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The Supply of oil

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Supply and demand

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Consequences

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A Resolution of the problem

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Conclusion

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