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The "Peak Oil" Scare and the Coming Oil Flood

2016-07-25 Technology & Engineering
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Release : 2016-07-25
Genre : Technology & Engineering
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Book Rating : 874/5 ( reviews)

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Book Synopsis The "Peak Oil" Scare and the Coming Oil Flood by : Michael C. Lynch

Download or read book The "Peak Oil" Scare and the Coming Oil Flood written by Michael C. Lynch. This book was released on 2016-07-25. Available in PDF, EPUB and Kindle. Book excerpt: Is the earth's oil supply starting to run out, or is there far more oil than some experts believe? This book points out flaws in the research used to warn of an oil shortfall and predicts that large new reserves of oil are soon to be tapped. In the last decade, oil experts, geologists, and policy makers alike have warned that a peak in oil production around the world was about to be reached and that global economic distress would result when this occurred. But it didn't happen. The "Peak Oil" Scare and the Coming Oil Flood refutes the recent claims that world oil production is nearing a peak and threatening economic disaster by analyzing the methods used by the theory's proponents. Author Michael C. Lynch, former researcher at Massachusetts Institute of Technology (MIT), debunks the "Peak Oil" crisis prediction and describes how the next few years will instead see large amounts of new supply that will bring oil prices down and boost the global economy. This book will be invaluable to those involved in the energy industry, including among those fields that are competing with oil, as well as financial institutions for which the price of oil is of critical importance. Lynch uncovers the facts behind the misleading news stories and media coverage on oil production as well as the analytic process that reveals the truth about the global oil supply. General readers will be dismayed to learn how governments have frequently been led astray by seeming logical theories that prove to have no sound basis and will come away with a healthy sense of skepticism about popular economics.

Oil Crisis

2005 Business & Economics
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Release : 2005
Genre : Business & Economics
Kind : eBook
Book Rating : 394/5 ( reviews)

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Book Synopsis Oil Crisis by : Colin John Campbell

Download or read book Oil Crisis written by Colin John Campbell. This book was released on 2005. Available in PDF, EPUB and Kindle. Book excerpt: "Colin Campbell is renowned for his lucid earlier work, 'The coming oil crisis'. Eight years on, events have proved his analysis right. Now, he argues that the oil crisis has come. The familiar technical explanation of the crisis is carefully made again : essentially, that there is no more oil to be found. That fact is beginning to manifest itself in heightened competition for the remaining resource ; which is why America invaded Iraq ; why Central Asia is in turmoil ; why oil is persistently priced above $50/barrel (and why Goldman Sachs think $100 a barrel is not too unlikely in the near future). The problem - of an oil-less world - is beyond the grasp of politicians. They can fiddle with ideas about renewables or hydrogen but they, along with most of humanity, have not really grasped that it is the oil economy that enables about a 7 billion world population to be sustained. A wholly new world is imminent. It is not likely to be very pleasant. Dr Campbell outlines our grim future." -- book cover.

Hubbert's Peak

2009 Nature
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Release : 2009
Genre : Nature
Kind : eBook
Book Rating : 193/5 ( reviews)

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Book Synopsis Hubbert's Peak by : Kenneth S. Deffeyes

Download or read book Hubbert's Peak written by Kenneth S. Deffeyes. This book was released on 2009. Available in PDF, EPUB and Kindle. Book excerpt: "In 2001, Kenneth Deffeyes made a grim prediction: oil production would reach a peak within the next decade - and there was nothing anyone could do to stop it." "In this updated edition of Hubbert's Peak, Deffeves explains the crisis that few now deny we are headed toward. Using geology and economics, he shows how everything from the rising price of groceries to the subprime mortgage crisis has been exacerbated by the shrinking supply - and growing price - of oil. Although there is no easy solution to these problems, Deffeves argues that the first step is understanding the trouble that we are in."--BOOK JACKET.

Beyond Oil

2006-06-13 Science
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Release : 2006-06-13
Genre : Science
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Book Rating : 022/5 ( reviews)

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Book Synopsis Beyond Oil by : Kenneth S. Deffeyes

Download or read book Beyond Oil written by Kenneth S. Deffeyes. This book was released on 2006-06-13. Available in PDF, EPUB and Kindle. Book excerpt: "This book explains both why the decline of our most precious fuel is inevitable and how challenging it will be to cope with what comes next."—Richard E. Smalley, University Professor, Rice University, and 1996 Nobel laureate With world oil production about to peak and inexorably head toward steep decline, what fuels are available to meet rising global energy demands? That question, once thought to address a fairly remote contingency, has become ever more urgent, as a spate of books has drawn increased public attention to the imminent exhaustion of the economically vital world oil reserves. Kenneth S. Deffeyes, a geologist who was among the first to warn of the coming oil crisis, now takes the next logical step and turns his attention to the earth's supply of potential replacement fuels. In Beyond Oil, he traces out their likely production futures, with special reference to that of oil, utilizing the same analytic tools developed by his former colleague, the pioneering petroleum-supply authority M. King Hubbert. "The bad news in this book is made bearable by the author's witty, conversational writing style. If my college econ textbooks had been written this way, I might have learned economics." —Rupert Cutler, The Roanoke Times

Half Gone

2005 Business & Economics
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Release : 2005
Genre : Business & Economics
Kind : eBook
Book Rating : /5 ( reviews)

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Book Synopsis Half Gone by : Jeremy K. Leggett

Download or read book Half Gone written by Jeremy K. Leggett. This book was released on 2005. Available in PDF, EPUB and Kindle. Book excerpt: The single global marketplace we all inhabit is built on the notion of a solid, growing supply of cheap oil and gas for decades to come. But that bedrock is about to crack and crumble. And the oil companies know it. As geologists, civil servants and industry insiders in this hard-hitting book tell us, the day the oil wells start to run dry is a lot closer than we think. Jeremy Leggett, a geologist who spent the 1980s in the service of Big Oil before jumping ship in the 1990s to become Chief Scientist at Greenpeace UK and then launching his own renewable energy initiatives, understands the scale of the impending crisis and the need for us to act now. With watertight knowledge and sobering clarity, Leggett explains how we became addicted to oil and how this habit is dragging us into an increasingly dangerous dependence upon the Middle East and towards economic and environmental catastrophe. And yet, his outlook is paradoxically positive, for all the technology we need to get off this road to disaster is already at hand.

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