Troy,

Oil production may have gone down temporarily in the 1970s, but it was not due to hubbard's peak. It was due to the Carter policy of limiting gas prices. When no profit is available to be made due to government fiat, productoin wanes. Yet again, this was nothing to do with production, the amount of oil available, use, etc...it was a government policy that slowed production due to no or little profit available to producers. Very different from a prediction that had anything to do with oil or the production thereof, or available supplies.

Dan