The Oil Drum: Another Way of Looking at CERA

In this post, I want to investigate how some of the bottom-up projections we’ve been discussing here look from a top-down perspective. Here’s the graph, which I’ll explain below the fold. (There’s also a bigger version of it down there for your viewing pleasure).

The idea behind this kind of graph is as follows. Hubbert’s model of total oil production is that it follows a logistic curve.