In 1956, geologist M. King Hubbert accurately predicted that United States oil production would peak in the early 1970s. Nearly half a century later, another expert using the same theories says world production could reach its apex this year.

 

 

Geologist Kenneth Deffeyes joins OnPoint to talk about his latest book, "Beyond Oil: The View from Hubbert's Peak," and explain his energy forecasts. Deffeyes describes the economic fallout that could accompany a global peak in oil and also examines whether natural gas, nuclear power, hydrogen and other energy sources are good alternatives.