Peak Oil

modelling when we hit the maximum oil production per year (either per nation or globally)

some say we've already hit it (globally)

the US hit in 1970, at 11 million barrels/day. In 2004 we produced 5 million/day, and consumed 20 million/day.

• due to fracking, our trough was ~2010, and we climbed up past the old peak ~2020.

Current forecasts for the year of (global) peak oil range from 2028 to 2050. https://en.wikipedia.org/wiki/Peak_oil

Vaclav Smil is skeptical.

key response phrase: Energy Descent (Transition Town)