Remember Peak Oil? It's back!

        April 5, 2019 TreeHugger | Saudi Arabia | fossil fuels: oil

In 1948, American geologist M. King Hubbert wrote that oil output would eventually decline, later coining the phrase "Peak Oil" in a talk to the American Petroleum Institute. Fracking has slowed the end, but Saudi oil may now be in decline as output from its main "elephant" Ghawar field sputters. Ghawar once produced 10% of global oil (5 mbpd).