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Hubbert curve
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{{main|Hubbert peak theory|Peak oil}} The '''Hubbert curve''' is an approximation of the production rate of a resource over time. It is a symmetric [[logistic distribution]] curve,<ref "Figure 11" name='hubbert_NEFF' /> often confused with the "normal" [[gaussian function]]. It first appeared in "Nuclear Energy and the Fossil Fuels," geologist [[M. King Hubbert]]'s 1956 presentation to the [[American Petroleum Institute]], as an idealized symmetric curve, during his tenure at the [[Shell Oil Company]].<ref name='hubbert_NEFF'>{{cite journal | title= Nuclear Energy and the Fossil Fuels | author= M. King Hubbert | url= http://www.hubbertpeak.com/hubbert/1956/1956.pdf | journal= Drilling and Production Practice (1956) American Petroleum Institute & Shell Development Co. Publication No. 95, See Pp 9-11, 21-22. | url-status= dead | archive-url= https://web.archive.org/web/20080527233843/http://www.hubbertpeak.com/hubbert/1956/1956.pdf | archive-date= 2008-05-27 }}</ref> It has gained a high degree of popularity in the scientific community for predicting the [[resource depletion|depletion]] of various natural resources. {{dubious|discuss=acceptance|date=March 2024}} {{fact|date=March 2024}} The curve is the main component of [[Hubbert peak theory]], which has led to the rise of [[peak oil]] concerns. Basing his calculations on the peak of oil well discovery in 1948, Hubbert used his model in 1956 to create a curve which predicted that oil production in the [[contiguous United States]] would peak around 1970.<ref "Figure 21" name='hubbert_NEFF' />
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