M. King Hubbert: Co-Founder of Technocracy, Inc. vs. The Oracle Of Oil

M. King Hubbert (left), Howard Scott (middle), co-founders of Technocracy, Inc. in 1934
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Download this post... (via WSJ) On March 8, 1956, Shell Oil research geologist Marion King Hubbert delivered a keynote speech at an American Petroleum Institute meeting in San Antonio, Texas, and predicted that U.S. oil production would peak within 10 to 15 years. The reaction was dismissive. Hubbert was challenging an entrenched belief in American...

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