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The Myth of the Oil Crisis Overcoming the Challenges of Depletion, Geopolitics, and Global Warming

Robin M. Mills

ISBN: 0-313-35479-0

ISBN-13: 978-0-313-35479-3

DOI:

336 pages

Praeger Publishers

Publication: 8/30/2008

List Price: $44.95 (UK Sterling Price: £31.95)

Availability: In Stock

Media Type: Hardcover

Also Available: Paperback Ebook

Trim Size: 6 1/8 x 9 1/4

Subjects:

Reviews:

Starred Review Geologist, economist, and petroleum industry insider Mills makes an intelligent case for oil's continuing role as a major, growing energy source. A Herculean task, one would think, given public sentiment on the matter. Mills manages it by first neatly dividing opposing viewpoints into five camps: geologists (those who espouse peak oil theory), economists (the markets will work it out), militarists (use power to secure energy supplies), environmentalists (fossil fuels: no), and no-Luddites (fossil fuels, consumption, and materialism: no). He then conquers their positions with lively, exhaustive sourced arguements to say that there may be more conventional oil than reported, colossal unconventional sources, and plentiful energy substitutes. Mills shows deep understanding of the complexity of the issue, and while promising no easy fixes, he is yet hopeful: gloomy predictions do not resemble the real world and take no account of human integrity.
—Library Journal 9/1/2008

Description: With oil around $100 a barrel, drivers wince whenever they pull into the gas station and businesses watch their bottom lines shrink. Watch out, say doomsayers, it will only get worse as oil dries up. It's a plausible argument, especially considering the rate at which countries like China and India are now sucking up oil. Even more troubling, the world's largest oil fields sit in geopolitical hotspots like Iran and Iraq. Some believe their nations need to secure remaining supplies using military force, while others consider dwindling supplies a blessing that will help solve the problem of global warming. But wait—is it really the end of oil? Absolutely not, says geologist, economist, and industry-insider Robin Mills.

There is no other book by an industry insider that effectively counters the peak oil theory by showing where and how oil will be found in the future. There also is no other book by an insider that lays out an environmentally and geopolitically responsible path for the petroleum industry and its customers. The Myth of the Oil Crisis, written in a lively style but with scientific rigor, is thus a uniquely useful resource for business leaders, policymakers, petroleum industry professionals, environmentalists, and anyone else who consumes oil. Best of all, it offers an abundance of one commodity now in short supply: hope for the future. Title Features:
According to Mills, many ideas about petroleum depletion and its consequences are not just grossly overstated but plain wrong. Calmly and persuasively, he argues: The supply of oil and gas is much larger than imagined by the pessimists.
-Seeking political, military, or commercial control of oil supplies is unnecessary, self-defeating, and exorbitantly expensive.
-Oil is merely one convenient source of energy.
-Opportunities exist to decrease the global consumption of oil radically while maintaining a healthy economy.
-The environmental impact of fossil fuels is the most serious problem the world faces today. But a portfolio of solutions can solve it.

Table of Contents:

LIST OF FIGURES AND TABLES
List of Abbreviations/Glossary
1. INTRODUCTION
2. OPPOSING VIEWPOINTS
3. BUST AND BOOM: HOW WE GOT TO WHERE WE ARE TODAY
4. HALF FULL OR HALF EMPTY? CONVENTIONAL OIL SUPPLY RESERVES GROWTH
5. DEAD DINOSAURS? THE MAJOR OIL NATIONS
6. SCRAPING THE BARREL? UNCONVENTIONAL OIL SUPPLY
7. GAS GIANTS
8. A DANGEROUS NEIGHBOURHOOD? SUPPLY, INVESTMENT AND GEOPOLITICS
9. KEEPING THE LIGHTS ON: ENERGY DEMAND
10. GREEN OIL: SAVING THE ENVIRONMENT
11. CONCLUSION
BIBLIOGRAPHY
Data Sources

About the Author: Robin M. Mills is an oil industry professional with a background in both geology and economics. Currently, he is Petroleum Economics Manager for the Emirates National Oil Company in Dubai. Previously, he worked for Shell. Mills, who speaks Farsi and Arabic, is a member of the International Association for Energy Economics and Association of International Petroleum Negotiators. He holds a Master's Degree in Geological Sciences from Cambridge University.

PDF Catalogs:
Praeger Public Library Spring 2009.pdf	Business Catalog 2008.pdf


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