|
Date |
Category |
Event |
A |
1857 |
Production |
First oil wells dug in Germany. |
B |
1859 |
Production |
Edwin Drake digs first American oil well
near Oil Creek, Pennsylvania. Beginning of oil age. |
C |
1908 |
Economy |
Model T Ford introduced. |
D |
1913 |
Economy |
Assembly line introduced by Henry Ford. |
E |
1930 |
Production |
USA reaches its discovery peak. |
F |
1948 |
Production |
Saudi Arabia reaches its discovery peak. |
G |
1956 |
Media |
Publication of "Nuclear Energy and the Fossil
Fuels" in which M King Hubbert predicts the production peak
of the USA. |
H |
1964 |
Production |
World reaches its discovery peak. |
I |
1970 |
Costs |
Oil reaches its lowest price in recent years at
$8 (BP Stats - 2004 prices). |
J |
1971 |
Production |
USA reaches its production peak. |
K |
1973 |
Politics |
OPEC oil embargo of the West. |
L |
1980 |
Costs |
Oil reaches its previous highest price of $82
(BP Stats - 2004 prices). |
M |
1998 |
Costs |
Oil reaches its lowest price of $15 before the
present high prices (BP Stats - 2004 prices). |
N |
March 1998 |
Media |
Publication in the Scientific American of "The
End of Cheap Oil". |
O |
2000 |
Production |
Kazakhstan becomes the last major country to reach
its discovery peak. |
P |
8 Nov 2000 |
Media |
The BBC Money Programme "The Last Oil Shock"
is aired. First introduction to peak oil for many people (myself
included). |
Q |
2003 |
Costs |
Oil prices begin to soar. |
R |
20 Mar 2003 |
Politics |
Invasion of Iraq by USA and UK. |
S |
26 May 2003 |
Media |
The BBC Money Programme "Iraq for Oil"
is aired. |
T |
Sep 2003 |
Media |
The "Wolf at the Door" website is born. |
U |
2005 |
Production |
World reaches its conventional oil production
peak |