ELI5: Explain Like I'm 5

Hubbert curve

Okay kiddo, let me tell you about something called the Hubbert curve. Imagine we have a big jar of candy, and as we start taking out pieces of candy, eventually we will run out of candy. The Hubbert curve is like a way of predicting when we will run out of another important thing - oil.

You see, oil is a type of fossil fuel that we use to power our cars, make electricity, and produce many types of products. But just like that candy jar, there's only a certain amount of oil in the earth. We can't just keep taking out oil forever, because eventually we will use it all up.

The Hubbert curve is a way of showing how much oil we have left and when we will run out. It was made by a man named M. King Hubbert who analyzed how much oil was being used and how much was being produced. He found out that oil production follows a certain pattern - it starts off slow, then it gets faster and faster until it reaches a peak, and then it starts to slow down again until it stops.

So, using the Hubbert curve, we can look at how much oil we have already used and how much we have left to use. It helps us figure out when we will reach that peak and when we will start running out. This is important because it helps us plan for the future and find new sources of energy.

So, basically, the Hubbert curve is like a roadmap that helps us understand when we will run out of oil and how much is left. Just like how we need to save candy in the jar for later, we need to save oil for later too - because once it's all gone, we won't be able to get more.