Editorial Comment ///
At the last session of the recent OTC, it was standing room only. A five-member panel presented all views on the contentious subject entitled: Hubbert's peak: fact or fiction?
Jack Zagar gave a good presentation that epitomized the Hubbert-peakers' position. His themes were: non-conventional vs. conventional oil, the timing of discovered reserves and, of course, the peak of oil production, a.k.a. Hubbert's peak, is within a few years. As is typical for Hubbert peakers, I found the information highly selected for making the case of an impending peak, and logically explained as causal for that case, even though contrary explanations were available.
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