Peak Oil

A hypothetical date referring to the world's peak crude oil production, whereby following this day, production rates will begin to diminish. This concept is derived from geophysicist Marion King Hubbert's "peak theory", which proclaims that oil production follows a bell-shaped curve.

Because oil is a non-replenishing resource, there is a limit to how much the world can extract and refine. Peak oil is the day that oil production reaches a maximum and will subsequently begin to decline until full depletion is ultimately reached.


Investment dictionary. . 2012.

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  • peak oil — UK US noun [uncountable] the time when the production of oil in the world is at its highest level Thesaurus: drilling for oilhyponym * * * ˌpeak ˈoil 8 [peak oil] noun …   Useful english dictionary

  • Peak oil — A logistic distribution shaped production curve, as originally suggested by M. King Hubbert in 1956 …   Wikipedia

  • Peak-Oil — Die Theorie des globalen Ölfördermaximums (englisch global oil peak) überträgt die Erkenntnisse zu einem Ölfördermaximum eines einzelnen Ölfeldes auf den gesamten Erdölvorrat der Erde. Die Frage, wann ein solches Maximum eintritt und ob es von… …   Deutsch Wikipedia

  • Peak Oil — Die Theorie des globalen Ölfördermaximums (englisch global oil peak) überträgt die Erkenntnisse zu einem Ölfördermaximum eines einzelnen Ölfeldes auf den gesamten Erdölvorrat der Erde. Die Frage, wann ein solches Maximum eintritt und ob es von… …   Deutsch Wikipedia

  • Peak-oil — Pic pétrolier Un pic pétrolier désigne le sommet de la courbe qui caractérise la production pétrolière d un puits ou d un champ pétrolier ; par extension le « pic pétrolier mondial » (abrégé en Peak Oil en anglais) désigne le… …   Wikipédia en Français

  • Peak oil — Pic pétrolier Un pic pétrolier désigne le sommet de la courbe qui caractérise la production pétrolière d un puits ou d un champ pétrolier ; par extension le « pic pétrolier mondial » (abrégé en Peak Oil en anglais) désigne le… …   Wikipédia en Français

  • peak oil — /pik ˈɔɪl/ (say peek oyl) noun that point when the world s demand for oil outstrips dwindling supplies from depleted oil reserves. When oil is pumped, it is initially under pressure and not difficult to extract. But once the oil pressure drops,… …   Australian English dictionary

  • peak oil — noun The peak of the Earths oil production …   Wiktionary

  • peak oil — UK / US noun [uncountable] the time when the production of oil in the world is at its highest level …   English dictionary

  • Peak-Oil — Ölfördergipfel; Ölfördermaximum …   Universal-Lexikon

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