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After reaching a high of 85.6 million barrels (13,610,000 m In terms of oil use, transportation is the largest sector and the one that has seen the largest growth in demand in recent decades.

This growth has largely come from new demand for personal-use vehicles powered by internal combustion engines.

Thriving economies, such as China and India, are quickly becoming large oil consumers.

Some analysts argue that the cost of oil has a profound effect on economic growth due to its pivotal role in the extraction of resources and the processing, manufacturing, and transportation of goods.

Oil production forecasts on which predictions of peak oil are based are sometimes made within a range which includes optimistic (higher production) and pessimistic (lower production) scenarios.He wrote: "But if the curve is made to look reasonable, it is quite possible to adapt mathematical expressions to it and to determine, in this way, the peak dates corresponding to various ultimate recoverable reserve numbers" Hubbert used a semi-logistical curved model (sometimes incorrectly compared to a normal distribution).He assumed the production rate of a limited resource would follow a roughly symmetrical distribution.the peak of production will soon be passed, possibly within 3 years." In 1953, Eugene Ayers, a researcher for Gulf Oil, projected that if US ultimate recoverable oil reserves were 100 billion barrels, then production in the US would peak no later than 1960.If ultimate recoverable were to be as high as 200 billion barrels, which he warned was wishful thinking, US peak production would come no later than 1970.

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Sex ratio theory is a theory that explains the relationship and sexual dynamics within different areas of the world based on the ratio of the number of marriage-aged men to marriage-aged women.