Peak Production Rates Due to Multiple Simultaneous Causes
It is important to realize that the reason for peak production need not be entirely geological. If the geologically-driven oil production rate peak coincides with economic collapse and a downturn in industry then the oil production rates will be reduced along with the consumption of oil. There is only so much room to store produced oil and when that's full it will be impossible for production to outpace consumption. The year that oil is produced at the fastest rate regardless of the reason (and there will be no single reason) is the year of peak oil. Unless the economy recovers that year is in the past, probably 2008.
Some charts with links to articles supporting my statements:
Some charts with links to articles supporting my statements: