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In order to understand where we’re going in the dynamic world of oil production and how it can and will impact you, the price you pay at the pump, and your driving habits, we need to understand the Hubbert peak theory.

Devised by American geophysicist M. King Hubbert, the peak oil theory essentially describes that any given geographical area on the planet has a rate of petroleum production that follows a bell-shaped curve. Choosing the curve model to use depends on a number of factors, namely the maximum production based on discovery rates and cumulative production. Hubbert’s theory was presented in 1956 and went on to accurately predict that the production of oil from conventional sources in the United States would peak between 1965 and 1970.

Hubbert went on to predict a worldwide peak about half a century from publication in 1956. In 1976, Hubbert noted that the actions of OPEC might be able to flatten production rates, but would only buy time in the form of about ten years.

By all accounts, it looks as though Hubbert’s theory was correct and that the global supply of oil has more than reached its peak. With growing population and more cars on the road than ever before, this is a problem. This issue is already reflecting itself in tangible ways, such as at the gas pumps where the prices of gas are skyrocketing through the roof. The oil companies, while obviously perturbed at the short shelf life due to the peak oil theory, still manage to create income based upon the skyrocketing rates and are turning in record profits.

One solution offered by oil producers is for a limit to be put on the amount of oil that can be pumped each day. This limit, announced in 2007 as a long term idea, termed that there should be a practical limit to the amount of crude that can be pumped each day. The limit, in theory, would be pegged at about 100 million barrels a day and, according to industry experts, could curb the peak oil theory’s diagnosis and buy us more time.

Instead of waiting on the oil industry to try out such a plan, why not take matters into your hands and let your dollars speak for you? Drive smarter and drive a more economical car, like a Toyota Yaris or a Scion. These vehicles save ample amounts of gas mileage and give an additional boost to the environment as well, keeping things green for your children. Drop by a Scion dealer today and see what you’ve been missing.

One of the major contributors to greenhouse gases isn’t your vehicle…it’s the way you drive it. Poor driving habits can create more emissions and they can even cost your money in gasoline. But one Denver-based program wants to change that.

Supported by Mayor John W. Hickenlooper and other Denver city officials, the new initiative gives citizens the ability to measure their vehicle’s greenhouse gas emissions. As a result, drivers also see how their driving habits contribute to greenhouse emissions while being able to improve their behaviors behind the wheel. They monitor their own emissions through accelerometers attached to the internal systems of vehicles so drivers can see exactly what they’re doing and how they can cause a lower amount of emissions.

Driving Change is the first initiative of its kind in the entire world. You might not think that it’s going to make much of a difference if it’s just happening in Denver. But if the idea spreads to other parts of the country, it can have a major impact on the emissions we’re putting into the air.

If you’d like to make a positive difference for the environment, visit your local Pontiac dealer and get a great deal on a new or used fuel-efficient vehicle. With new technologies and other features, you can do your part for helping the environment while enjoying your favorite car.