Peak Oil Theory Could Distort Energy Policy and Debate

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To summarize several primary conclusions:

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Based on a detailed bottom-up approach, CERA sees no evidence of a peak before 2030. Global production eventually will follow an undulating plateau for one or more decades before declining slowly. Global resources, including both conventional and unconventional oil, are adequate to support strong production growth and a period on an undulating plateau.

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Despite his valuable contribution, M. King Hubbert