Published by CalTech News, California Institute of Technology, Vol. 38, No.2, 2004
This article is adapted from a talk that Caltech vice provost and professor of physics and applied physics David Goodstein presented at an April 29 program of the Institute support group, the Caltech Associates. Goodstein’s new book, Out of Gas: The End of the Age of Oil, was published in February by W. W. Norton
In the 1950s, it was not Saudi Arabia but the United States that was the world’s greatest producer of oil. Much of our military and industrial might grew out of our giant oil industry, and most people in the oil business thought that this bonanza would go on forever. But there was one gentleman who knew better. He was an oil exploration geologist named Marion King Hubbert....
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"strongly recommendet reading"
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