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Investment Glossary

Glossary of Investment Terms

Hubbert’s Peak

Definition: The day on which oil production for a nation or region will peak, and after which oil production will decline toward total depletion.

What it means to an investor: Geophysicist M. King Hubbert developed a model to predict oil production patterns, and successfully predicted the U.S. oil shortage of the 1970s.  Some estimate that a worldwide Hubbert’s Peak based on the same model will hit sometime between 2004-2008.  That would drive prices for oil up dramatically, along with oil alternatives.

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