Tag Archive | "hubbert’s peak"

Tags: , , , , ,

Peak Oil: Why Iraq Is So Important

Posted on 06 June 2008 by Daniel Dessinger

It was commonly believed that George Bush instigated the War in Iraq to establish US control over Iraqi oil. While this isn't entirely accurate, it isn't entirely false, either. Before I can explain, let's briefly discuss peak oil.

According to LifeAftertheOilCrash,

Peak Oil is also called "Hubbert's Peak," named for the Shell geologist Dr. Marion King Hubbert. In 1956, Hubbert accurately predicted that US domestic oil production would peak in 1970. Source#1 Source #2 He also predicted global production would peak around the year 2000, which it would have had the politically created oil shocks of the 1970s not delayed it for about 5-10 years.

Continue Reading

Popularity: 5% [?]

Comments (0)



Inside CultureFeast: