Oooooh Dear ... King Hubbert introduced the concept in a 1956 paper, predicting U.S. production would peak between 1965 and 1971.
Yet ...The level of oil production reached an all-time high in 2023. 25 Sept. 2024
United States produces more crude oil than any country, ever The United States produced more crude oil than any nation at any time, according to our International Energy Statistics, for the past six years in a row. Crude oil production in the United States, including condensate, averaged 12.9 million barrels per day (b/d) in 2023, breaking the previous U.S. and global record of 12.3 million b/d, set in 2019. Average monthly U.S. crude oil production established a monthly record high in December 2023 at more than 13.3 million b/d. https://www.eia.gov/todayinenergy/detail.php?id=61545
