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| | A Reply by John Attarian - ASPO Ireland (Peak Oil) (Site not responding. Last check: 2007-09-10) |
 | | Hubbert was simply trying to estimate approximate resource levels, and for the US Lower 48, he thought a bell curve would be the most appropriate form. |
 | | It was only later that the Hubbert curve came to be seen as explanatory in and of itself, that is, geology requires that production should follow such a curve. |
 | | The bell-shaped curve is simply a stylized, idealized representation of the phenomenon of rise, peak, and decline of output, amenable to mathematical expression and analysis, useful as a pedagogical and forecasting device--in fact, the sort of thing economists do all the time. |
| www.peakoil.ie /newsletters/254 (1134 words) |
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