Bardi, Ugo; Lavacchi, Alessandro - In: Energies 2 (2009) 3, pp. 646-661
The well known “Hubbert curve” assumes that the production curve of a crude oil in a free market economy is “bell shaped” and symmetric. The model was first applied in the 1950s as a way of forecasting the production of crude oil in the US lower 48 states. Today, variants of the model...