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Author: Michael C. Lynch Publisher: Bloomsbury Publishing USA ISBN: Category : Technology & Engineering Languages : en Pages : 417
Book Description
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.
Author: Michael C. Lynch Publisher: Bloomsbury Publishing USA ISBN: Category : Technology & Engineering Languages : en Pages : 417
Book Description
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.
Author: Colin John Campbell Publisher: multi-science publishing ISBN: 9780906522394 Category : Business & Economics Languages : en Pages : 428
Book Description
"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.
Author: R.W. Bentley Publisher: Springer ISBN: 3319263722 Category : Technology & Engineering Languages : en Pages : 197
Book Description
This book examines the physical and economic characteristics of the global oil resource to explain why peak oil has been so poorly understood. The author draws on information held in oil industry datasets that are not widely available outside of the specialist literature, and describes a number of methods that have been successfully used to predict oil peaks. In contrast to the widely-held view that ‘all oil forecasts are wrong’, these methods correctly predicted the current peak in global conventional oil production. Current oil forecasts are then compared to evaluate the expected dates for regional and global oil peaks for conventional oil, all-oils, and all-liquids. The dates of global peaks in the production of all-oil and all-liquids appear to be reasonably soon, while the oil price that is needed to support these global production levels continues to rise. The world faces serious constraints in its oil supply, which accounts for about one-third of total world energy use, and over 90% of the fuel used for transportation. Readers of this book will gain a thorough understanding of the critical, but poorly understood, phenomenon of peak oil that has already had significant impacts on society in terms of high oil prices, and which will place increasing constraints on mankind’s supply of energy and economic well-being in the coming years.
Author: James G. Speight Publisher: John Wiley & Sons ISBN: 1119301408 Category : Technology & Engineering Languages : en Pages : 400
Book Description
Does the Earth contain enough oil to provide energy for the human race indefinitely? If not, how long will the oil last? What about renewable energy technologies like wind and solar? Will they be able to supply an indefinite supply of energy for the human race? If not, how long will it last? And what role does overpopulation play in our world's energy supply? Even with multiple forms of energy available, how long will it last as long as more and more humans, and therefore more industries and energy consumption, are added? Taking a long-held theory called "Peak Oil Theory" the authors of this groundbreaking new text examine the theory of "Peak Energy" to examine all of these questions. Crude oil and natural gas are the major sources of fuel used to supply energy for various needs. Users of crude oil and natural gas must take into account that these energy sources are, without doubt, non-renewable depleting resources, and the cost of extraction depends not only on the current rate of production but also on the amount of cumulative production. In fact, many pundits believe projections that the world is rapidly apprpaching a precipice, after which crude oil and natural gas will no longer be in ready supply. This phenomenon has given rise to the peak oil theory – peak oil is the point in time when the maximum rate of petroleum recovery from the reservoir is reached, after which the rate of petroleum production enters terminal decline. From this concept has emerged the wider concept of the peak energy theory which, as it is related to the availability of all fossil fuels, is also subject to decline with fossil fuel use. This text, written by two of the world's most well-known, respected, and prolific writers in the energy industry, is a fascinating study of our world's energy needs and the future of the multi-source energy supply on this planet. Whether oil and gas, wind, solar, geothermal, or even nuclear, all sources of energy have their limits, and we, as scientists, engineers, and consumers of energy need to be knowledgeable on these topics. This book is a must-have for any engineer, student, scientist, or even layperson interested in energy and the idea of energy sustainability on planet Earth.
Author: Jerome Davis Publisher: Routledge ISBN: 1351893084 Category : Business & Economics Languages : en Pages : 198
Book Description
This book examines broad questions of industrial change in order to explain developments in the oil industry. In contrast to most other work on this industry, firms are considered to be the dependent variables rather than the future production and demand for oil and gas. An analysis of the industry is made by examining how corporations change their operating environments and are themselves changed by their environments. Particular attention is paid to 'mega-mergers' and to industrial downsizing and outsourcing. The significance of such restructuring for the societies the companies serve is also considered and comprehensive use is made of recent theories of the firm. It shows how such theories can be used to analyze a key world-wide industry. The distinctive approach of this book will help extend readers' understanding of the oil industry beyond the more conventional studies.
Author: Richard C. Ragaini Publisher: World Scientific ISBN: 9814327190 Category : Science Languages : en Pages : 913
Book Description
The Erice International Seminars are multidisciplinary seminars attended by over 100 eminent participants from all fields of Science. Each year, a few scientific issues are selected and experts are invited to present contrasting views during the plenary multidisciplinary sessions of the Seminar, followed by general debates. These sessions offer a unique opportunity for specialists to enlarge their fields of vision by being confronted to the ideas and suggestions from high level scientists in complementary domains of science. Associated workshops allow the experts to further refine and process the ideas evoked during the seminar. This year's topics are focused on the World Energy Crisis and more specifically on the Essential Technologies for Moderating Climate Change and Improving Energy Security and for Energy & Limits of Development. We also concentrated on Managing the Challenges of Climate Change, Energy Security and Pollution in Asian Countries. On Global Monitoring of the Planet we have focused on the Climate Change issues and specifically on the Sensitivity of Climate to Additional CO2 as indicated by Water Cycle Feedback Issues, Climate Uncertainties Addressed by Satellites, and the Basic Mathematics Needed for All Models. In Information Security we focused on Cyber Conflict and Cyber Stability. For Pollution and Medicine we focused on the Revolution in the Environmental Health Sciences and the Emergence of Green Chemistry.
Author: Philip Goodchild Publisher: Hymns Ancient and Modern Ltd ISBN: 0334041422 Category : Business & Economics Languages : en Pages : 289
Book Description
Goodchild examines the theory of money in a comparable manner to Adam Smith, Karl Marx and Georg Simmel. However by contrast to the conclusions of these thinkers, he proposes that money is essentially created in excess of reserves, making it a simultaneous credit and debt. Since money is a debt that must be repaid with interest in the form of money, then the creation of money imposes a social demand for an increase in profit and an increase in the creation of money in order to repay debt. This vicious circle drives the expansion of the global economy. In summary, Goodchild argues that money is a promise, a supreme value, a transcendent value and an obligation or a law. He argues that money has taken the place of God. It is the dominant global religion in practice, even if no one believes in it in principle.
Author: Kent Moors Publisher: John Wiley & Sons ISBN: 1118077091 Category : Business & Economics Languages : en Pages : 324
Book Description
How oil volatility is affecting the global political scene, and where the oil market is heading The world is rapidly moving towards an oil environment defined by volatility. The Vega Factor: Oil Volatility and the Next Global Crisis takes an in-depth look at the most important topics in the industry, including strategic risk, why traditional pricing mechanisms will no longer govern the market, and how the current government approaches have only worsened an already bad situation. Details the industry's players, including companies, traders, and governments Describes the priorities that will need to be revised, and the policies needed to achieve stability Explains how today's oil market is fundamentally different from the pre-crisis market Oil prices affect everyone. The Vega Factor explains the new international oil environment of increasing consolidation and decreasing competition, and reveals how consumers and investors can navigate price volatility and new government policies.
Author: Michael C. Lynch
Author: Michael C. Lynch
Author: 
Author: Colin John Campbell
Author: R.W. Bentley
Author: James G. Speight
Author: Jerome Davis
Author: United States. Bureau of Internal Revenue
Author: Richard C. Ragaini
Author: Philip Goodchild
Author: Kent Moors