The "peak oil" scare and the coming oil flood /
Michael C. Lynch ; foreword by Leonardo Maugeri.
- xvi, 479 pages : illustations, charts ; 24 cm
Includes bibliographical references and index.
The end of (oil) days -- Déjà vu -- Going wrong with confidence -- Abundance and its enemies -- The Hubbert curve ball -- Get thee to a statistics class -- From small acorns -- The strange controversy over Saudi oil production -- Track record -- She blinded me with science -- This is science -- Motivations -- Real world problems -- The red queen -- Resources -- The cost of production -- How high were my prices? -- Tipping point for prices -- The shale revolution -- In vino veritas -- Supply curves -- Lower energy prices -- Impact on competing technologies -- Conclusions.
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. But it didn't happen. Author Michael C. Lynch 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.
9781440831867 1440831866
40026389138
2016009907
Petroleum products--Prices. Petroleum industry and trade. Petroleum reserves. Petroleum industry and trade. Petroleum products--Prices. Petroleum reserves. BUSINESS & ECONOMICS / Industries / Energy. TECHNOLOGY & ENGINEERING / Power Resources / Fossil Fuels.