Peak Oil is Past
Kenneth Deffeyes' December 1, 2005 Lauritsen Lecture at the California Institute of Technology, entitled The Peak of World Oil Production: Thanksgiving Day 2005". "The methods which M. King Hubbert used to predict the peak of United States oil production can now be applied to world production. Dr. Deffeyes's analysis places the world oil production peak on Thanksgiving Day, 2005. Severe consequences are to be expected for transportation and for agriculture. It may be too late to arrange for a soft landing; the consequences of a hard landing are not cheerful to contemplate."