From the American Physical Society:
link
Some interesting quotes: $this->bbcode_second_pass_quote('', 'M')y hope is that [the book] will serve as a wakeup call to the urgency and importance of understanding the limits, not just to Saudi Arabia's oil, but to the entire world's oil supply, because we are clearly approaching the peaking of global oil supply at the same time as the world faces a relentless increase in oil demand.
For the past 15 years, I have become increasingly concerned that all was not well in the oil and gas world, and I have stated my convictions many times. I grew more and more convinced that the purveyors of conventional energy wisdom were peddling an energy blueprint for the 21st century that was fundamentally wrong.
Virtually every oil expert in the world has believed that Middle East oil is so plentiful that it will provide an essentially inexhaustible supply of inexpensive petroleum for the next 30, 50, or even 100 years. No one I ever met, however, had any facts to support this conclusion. The concept was based either on pure optimism or on readily available numbers that had not been audited.
$this->bbcode_second_pass_quote('', 'W')hen the global oil crisis becomes apparent to all, it will be interesting to see if the Congress will acknowledge its failure to act responsibly in the 1970s and in the many decades since. Quite recently Congressman Roscoe Bartlett (R-MD) (we are not related), who is a scientist, has been trying valiantly to educate his colleagues about the Hubbert Curve and its predictable imminent global effects.
.