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Over the long haul populations grow and decay.
To describe the growth and decay of civilization's dependence
on nuclear and fossil fuels,
M. King Hubbert chose an equation
that describes many natural processes.
Introduce bacteria to food and their population will grow exponentially
until there no longer is food.
As we catch all the fish in the lake
our daily catch will be proportional to the number of remaining fish.
Hubbert's equation models both exponential growth and decay
with a single equation of three parameters to be chosen from the data.
He predicted 52 years ago that worldwide oil production
would be peaking about now (2008).
It is.
Hubbert's math has four different forms
which we examine before showing they are mathematically equivalent.
Subsections
Next: Basic definitions
Up: Claerbout and Muir: Hubbert
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2008-10-29