But the peak will inevitably come, perhaps later this decade, perhaps now. The signs Gerth wrote about Feb. 24 may be the first signal that it is starting. “We simply don’t know,” Goodstein said. This is a problem New Mexico oil and gas producers have thought about a lot. Here, production peaked in 1969 and has been generally declining ever since, according to data from the American Petroleum Institute

– John Fleck, Albuquerque Journal, November 2004