Energy Tomorrow is brought to you by the American Petroleum Institute (API), which is the only national trade association that represents all aspects of America's oil and natural gas industry. Our more than 500 corporate members, from the largest major oil company to the smallest of independents, come from all segments of the industry. They are producers, refiners, suppliers, pipeline operators and marine transporters, as well as service and supply companies that support all segments of the industry.
The theory of Peak Oil is one of the most widely discussed--and intriguing--energy topics in the blogosphere. Simply put, the theory refers to the widely-held concept that oil is finite and production inevitably will decline, forcing major changes to our way of life, our economy, as well as the fate of humankind worldwide. The theory is attributed to M. King Hubbert, an oil company geologist, who created a graph called Hubbert's Curve predicting a sharp decline in oil production near the beginning of the 21st Century.