Did increasing amounts of money, debt, energy and people enable the world to consume more raw materials in the last 75 years than in recorded history?

If US mainland oil discovery peaked in the 1930’s
leading to a production peak in the early 1970’s
and world discovery peaked in the 1960’s
when should global oil production peak?

By some estimates there will be an average of 2% annual growth

in global oil demand over the years ahead

along with conservatively a 3% natural decline in production

from existing reserves

Richard Bruce Cheney