World Crude Oil Production In 1956, M.King Hubbert proposed a model to analyse crude oil production. His model, with updated data, gives world crude oil production as
Here P is measured in billions of barrels per year, and t is time, in year, since 2000.
a. Make a graph of world crude oil production for 2000 through 2040.
b. When does this model predict a peak in world crude oil production?
c. What is the maximum crude oil production predicted by this model?
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Functions and Change: A Modeling Approach to College Algebra (MindTap Course List)
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