When Grandpa Was A Boy, Were There Any Dinosaurs?

Peak Crude Oil

1956: Geologist M. King Hubbert’s prediction that American crude oil production would peak in the next 10 to 15 years was met with scepticism, but in 1970, on cue, output reached a record high of 9.6 million barrels per day, and then went into decline.

Source: David Strahan, The Last Oil Shock: A Survival Guide to the Imminent Extinction of Petroleum Man (2007), chap. 2

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