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.
- 504 pages
- English
- ePUB (mobile friendly)
- Available on iOS & Android
eBook - ePub
The "Peak Oil" Scare and the Coming Oil Flood
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Table of contents
- Cover
- Title
- Copyright
- Contents
- Figures and Tables
- Foreword
- One: The End of (Oil) Days
- Two: Déjà vu All Over Again
- Three: Going Wrong with Confidence
- Four: Abundance and Its Enemies
- Five: The Hubbert Curve Ball
- Six: Get Thee to a Statistics Class
- Seven: Reserve Growth: From Small Acorns Grow Mighty Trees
- Eight: The Strange Controversy over Saudi Oil Production
- Nine: The Track Record of Peak Oil Theorists: Missed It by That Much
- Ten: She Blinded Me with Science
- Eleven: This Is Science? Poor Research Quality
- Twelve: Motivations
- Thirteen: Real-World Problems
- Fourteen: The Red Queen: Running Faster to Stay in Place
- Fifteen: Resources
- Sixteen: The Cost of Production
- Seventeen: How High Were My Prices?
- Eighteen: Tipping Point for Prices
- Nineteen: The Shale Revolution
- Twenty: In Vino Veritas: Conventional Oil Production Outlook
- Twenty One: The Design and Interpretation of Oil Supply Curves
- Twenty Two: Lower Energy Prices: The Good, the Bad, and the Ugly
- Twenty Three: Assessing the Viability of New Energy Technologies
- Twenty Four: Conclusions
- Notes
- Index
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Yes, you can access The "Peak Oil" Scare and the Coming Oil Flood by Michael C. Lynch in PDF and/or ePUB format, as well as other popular books in Technology & Engineering & Energy Industry. We have over 1.5 million books available in our catalogue for you to explore.