The "Peak Oil" Scare and the Coming Oil Flood
eBook - ePub

The "Peak Oil" Scare and the Coming Oil Flood

  1. 504 pages
  2. English
  3. ePUB (mobile friendly)
  4. Available on iOS & Android
eBook - ePub

The "Peak Oil" Scare and the Coming Oil Flood

About this book

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.

Frequently asked questions

Yes, you can cancel anytime from the Subscription tab in your account settings on the Perlego website. Your subscription will stay active until the end of your current billing period. Learn how to cancel your subscription.
No, books cannot be downloaded as external files, such as PDFs, for use outside of Perlego. However, you can download books within the Perlego app for offline reading on mobile or tablet. Learn more here.
Perlego offers two plans: Essential and Complete
  • Essential is ideal for learners and professionals who enjoy exploring a wide range of subjects. Access the Essential Library with 800,000+ trusted titles and best-sellers across business, personal growth, and the humanities. Includes unlimited reading time and Standard Read Aloud voice.
  • Complete: Perfect for advanced learners and researchers needing full, unrestricted access. Unlock 1.4M+ books across hundreds of subjects, including academic and specialized titles. The Complete Plan also includes advanced features like Premium Read Aloud and Research Assistant.
Both plans are available with monthly, semester, or annual billing cycles.
We are an online textbook subscription service, where you can get access to an entire online library for less than the price of a single book per month. With over 1 million books across 1000+ topics, we’ve got you covered! Learn more here.
Look out for the read-aloud symbol on your next book to see if you can listen to it. The read-aloud tool reads text aloud for you, highlighting the text as it is being read. You can pause it, speed it up and slow it down. Learn more here.
Yes! You can use the Perlego app on both iOS or Android devices to read anytime, anywhere — even offline. Perfect for commutes or when you’re on the go.
Please note we cannot support devices running on iOS 13 and Android 7 or earlier. Learn more about using the app.
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 one million books available in our catalogue for you to explore.

Information

Table of contents

  1. Cover
  2. Title
  3. Copyright
  4. Contents
  5. Figures and Tables
  6. Foreword
  7. One: The End of (Oil) Days
  8. Two: Déjà vu All Over Again
  9. Three: Going Wrong with Confidence
  10. Four: Abundance and Its Enemies
  11. Five: The Hubbert Curve Ball
  12. Six: Get Thee to a Statistics Class
  13. Seven: Reserve Growth: From Small Acorns Grow Mighty Trees
  14. Eight: The Strange Controversy over Saudi Oil Production
  15. Nine: The Track Record of Peak Oil Theorists: Missed It by That Much
  16. Ten: She Blinded Me with Science
  17. Eleven: This Is Science? Poor Research Quality
  18. Twelve: Motivations
  19. Thirteen: Real-World Problems
  20. Fourteen: The Red Queen: Running Faster to Stay in Place
  21. Fifteen: Resources
  22. Sixteen: The Cost of Production
  23. Seventeen: How High Were My Prices?
  24. Eighteen: Tipping Point for Prices
  25. Nineteen: The Shale Revolution
  26. Twenty: In Vino Veritas: Conventional Oil Production Outlook
  27. Twenty One: The Design and Interpretation of Oil Supply Curves
  28. Twenty Two: Lower Energy Prices: The Good, the Bad, and the Ugly
  29. Twenty Three: Assessing the Viability of New Energy Technologies
  30. Twenty Four: Conclusions
  31. Notes
  32. Index