Revisiting peak oil theory : role of demand and technology

• Main Authors: Bai, Jie Ying, Neo, Debby Yi Wei, Chin, Janice Huijia
• Other Authors: Chang Youngho
• Format: Final Year Project
• Language: English
• Published: 2014
• Subjects: DRNTU::Social sciences::Economic theory
• Online Access: http://hdl.handle.net/10356/59311
• Institution: Nanyang Technological University

Many studies have tried to validate Hubbert’s peak oil theory, some of which supporting it and otherwise. This study supports the argument that the theory is valid to a certain extent; however, it holds assumptions that are not true in today’s world. This study aims to revisit the peak oil theory in...