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Energy Insights: Energy News: 'Oil panic and the global crisis: Predictions and myths'

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'Oil panic and the global crisis: Predictions and myths'


15-01-2010

 

The future of Oil and our dependence upon it is one of the most important issues of the 21st century. As oil prices have surged, two rival camps have emerged to forecast the pending Oil crisis. One claims that depletion of oil and natural gas is imminent and will be followed by global chaos, while the other predicts that if we support technological innovation and trust the free markets, humanity will be spared.

In Oil Panic and the Global Crisis: Predictions and Myths award winning scholar Steven Gorelick navigates the arguments between the two camps and in doing so tackles some of the 21st century's most important questions:

"Scientists and engineers have applied prediction methods that lead them to the conclusion that the depletion of global oil is nearing. The majority of audiences I have addressed on this topic support this notion, yet there are those with a very different perspective that presupposes plentiful oil whose production is limited merely by price and technology," said the author.

More information:
This book may overturn all you believe about the pending oil crisis; it is set to become one of the most authoritative examinations of 21st century oil resources

Provided by Wiley-Blackwell

www.physorg.com

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