Hubbert curve
The Hubbert curve, named after the geophysicist M. King Hubbert, is the derivative of the logistic curve.
An example of a Hubbert curve is:
The Hubbert curve closely resembles the shape of, but is different from, the probability density function of the normal distribution. It was originally intended as a model of the rate of petroleum extraction. According to this model, the rate of production of oil is determined by the rate of new oil well discovery; a "Hubbert peak" in the oil extraction rate will thus be followed by a gradual decline of oil production to nothing.
External links
- http://hubbert.mines.edu/
- http://www.hubbertpeak.com/hubbert/
- http://www.hubbertpeak.com/hubbert/tribute.htm
Referenced By
Crude oil | ELO rating system | Elo rating | Fuel oil | Futurologist | Futurology | Hubbert peak | List of mathematical topics (G-I) | List of mathematical topics (G-Z) | Logistic curve | M. King Hubbert | Motor oil | Petroleum | Sigmoid curve | Sigmoid function | Used oil
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