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10 cards from this deck
Point when resource production reaches its highest rate
M.K. Hubbert in 1956
Bell-shaped curve
Half (50%) of total reserve
Peak = max production rate; depletion = falling reserves
Consumption, prices, exploration, technology advances
1970, 9.64 million barrels per day (mbpd)
Hydraulic fracturing (fracking)
Increase or maintain supply of resources
Reduce consumption of resources
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