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Peak Oil Timeline

Timeline

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

 

 

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