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Oil Panic and the Global Crisis - Predictions and Myths - Steven M Gorelick (Wiley-Blackwell, 2010) pdf

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 							ISBN 9781405195485
  
  
  
  Is the world running
out of oil? This book analyzes predictions of global oil depletion in the context of science, history, and economics.
  There has been continuing alarm about the imminent exhaustion of earth's non-renewable resources. Yet, the world has
never run out of any significant, globally traded, non-renewable resource. Is the world finally facing a non-renewable
resource depletion catastrophe, or is the current concern just another one of a succession of panics? In this book, key
assumptions and underlying arguments in the global oil-depletion debate are first summarized and then challenged. Facts
about oil supply, production, and consumption are made accessible using concise and simple graphics.
  
 
Concepts of resource depletion, end-use needs, technology leap-frogging, efficiency, and substitution are used to
evaluate historical patterns of exploitation of non-renewable resources and to explore what history suggests about our
future dependence on oil.
  
  This book is aimed at a broad range of readers,from undergraduate students
studying resource science and economics to anyone interested in understanding the context of the controversy over global
oil depletion.
  
  "It is a book serious students of the world oil market should read, not because Gorelick
has all the answers but because his account is well reasoned, well informed, and argued honestly, with respect for
responsible opposing viewpoints." 						

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