Portal:Energy/Selected biography/6
Marion King Hubbert (1903–1989) was a geophysicist who made several important contributions to geology and geophysics, most notably the Hubbert curve and Hubbert peak theory (or peak oil), with important political ramifications.
Born in Texas, Hubbert studied geology, mathematics, and physics at the University of Chicago. He pursued his Ph.D. while working for the Amerada Petroleum Company, then worked for the Shell Oil Company from 1943 until 1964. On leaving Shell he became a senior research geophysicist for the United States Geological Survey until retiring in 1976. Hubbert was also a professor at Stanford University and at UC Berkeley.
Hubbert is most well-known for his studies on the capacities of oil fields and natural gas reserves. He predicted that, for any given geographical area, the rate of petroleum production over time would resemble a bell curve. At the 1956 meeting of the American Petroleum Institute, Hubbert predicted that United States petroleum production would peak in the late 1960s or early 1970s. He became famous when his prediction came true in 1970.
In 1974, Hubbert projected that global oil production would peak in 1995 "if current trends continue". Various subsequent predictions have been made by others as trends have fluctuated in the intervening years. Hubbert's theory, and its implications for the world economy, remain controversial.