… Overall, we can say that, even though the role of non-conventional oil sources was not correctly evaluated and the date of the peak missed at the global level, the Hubbert theory produced correct predictions and, in general, a valuable warning of difficulties to come. So, there never were compelling reasons based on historical data to dismiss the peak oil idea as wrong or untenable. Nevertheless, this is what happened.
Peak Oil, Climate Change, and Limits to Growth – are related to each other and have in common the fact that the models on which they are based predict the unavoidable decline of the world’s economy or, at least, the impossibility for it to keep growing for a long time. This view easily leads to a “doomerish” vision of the future and the peak oil movement tended to regard peak oil as an apocalyptic watershed for humankind, an interpretation surely not based on anything that the model in itself could support. Perhaps in agreement with this millenaristic attitude, the peak oil movement mostly failed to generate a political proposal. This point is well described by Schneider-Matherson  who shows how the members of the movement tended to prepare for the event in individual terms, emphasizing local and personal resilience. In some cases, they adopted or proposed a survivalist strategy, including stocking food, guns, and ammunition in expectation of the imminent collapse. Needless to say, this attitude didn’t endear the movement to the mainstream decision makers.