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The Myth of the Oil Crisis:
Overcoming the Challenges of Depletion, Geopolitics, and Global Warming
(9/26/2008) The Myth of the Oil Crisis: Overcoming the Challenges of Depletion, Geopolitics, and Global Warming, by Robin M. Mills, is a very timely tome for everyone in and out of the petroleum industry, since it makes crystal clear the continuing role oil must play as the planet's primary energy source.
Mills, a geologist and economist, takes a methodical approach to disproving the numerous positions that deny the primacy of oil for the foreseeable future. He pidgeonholes the various viewpoints commonly heard that predict the demise of oil, the peak oil theory espoused mostly by geologists, the market economists, militarists beating the drum for securing energy supplies by force, environmentalists who decry the detrimental effects of fossil fuels, and the rest, who pluck for drastically reduced consumption.
The author demonstrates that none of these positions are valid through in-depth analysis, fact-based argument, and thoroughly persuasive presentation of the facts that deny them. He points out the vast volume of conventional oil sources and supplements that with illustrations of both unconventional sources and energy substitutes.
The Myth of the Oil Crisis is both intellectual and very readable and offers important insight into the part oil and gas play in today's and tomorrow's world. It is oil industry savvy and particularly persuasive in debunking the peak oil theory. It is a must-read for everyone with an interest in the oil industry and anyone looking for reality behind the host of arguments against it for environmental and other reasons, because it makes clear aggressiveness to control oil supply is expensive and self-defeating, that it possible to decrease global oil consumption while maintaining a healthy economy, and that there are a wide range of solutions to the environmental impact of fossil fuels that can be brought to bear without abandoning the least expensive and most available energy source available to mankind. Highly recommended.
The Myth of the Oil Crisis, by Robin M. Mills, was published by Praeger Publishers on 30 August 2008. ISBN-10: 0313354790, ISBN-13: 978-0313354793. Priced at about US$35.95 in hardcover, available from the publisher or from specialty bookstores.
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