In 1956, M. King Hubbert, a US geoscientist working for fossil fuel giant Shell, projected — based on statistical modeling of known oil reserves at the time — that global crude oil production would peak around the year 2000, before diminishing and eventually stopping altogether. It was a shock to...
https://www.hellenicshippingnews.com/what-is-peak-oil-and-when-will-we-reach-it/