I do not remember reading of two peaks in the article in the Houston Journal of Oil and Gas.
You have got to be kidding me. You didn't read the original research as published by Hubbert in 1956 yet you want to try and pretend you know something about it? Bad move. Go here. Read the original. Part of the entire ridiculous nature of peak oil revolves around the fact that peakers have a mythology, and they just run around repeating this nonsense they've heard, and it isn't even true.
Nuclear Energy and the Fossil Fuels | Energy Bulletin
Old Rocks said:However, even if he had, the oil production did peak in 1971, and has been declining ever since. And the discoverys world wide peaked in the 60's. So, where are we going to get more oil as the present known fields are depleted?
More mythology. Global oil discovery hit its peak in 1935. The US has actually been producing more oil as of late, and we've been finding more oil in old oilfields than new ones at about a 3:1 ratio over the past couple of decades.
If you really want to understand how some of this works, and why, take a gander here.
JPT: The Next Trillion: Anticipating and Enabling Game-Changing Recoveries April06