Oil Panic and the Global Crisis

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.

Zusatztext "Are we running out of oil or do we have plenty of this resource? Willthe oil age end before we run out of oil? Have we reached the maximumdaily production rate of oil or are we already on the down slide?Professor Gorelick has compiled the necessary data and provided his ownincisive analysis to assist the reader in understanding the complexissues related to the supply and demand hydrocarbons. A must read for an understanding of both the domestic and global energy picture."Professor Khalid Aziz! Department of Energy Resources Engineering at Stanford"The dynamics around oil have shaped our lives for many decades and will do so for many decades to come. Surprisingly! many misconceptions exist around the extent and availability of this fundamental resource. Thisbook is a lucid compilation of facts which is a must-read for anyoneinterested in energy and the environment."Ashok Belani! Chief Technology Officer of Schlumberger Limited"It is a pleasure to read an informed! balanced! and lively account of the prospect of meeting the world's need for oil in coming years. A combination of sound economics! attention to history's lessons! and political leadership offer the way forward. Read this book and decide what you should do."John Deutch! Institute Professor! Massachusetts Institute of Technology! former Director of Central Intelligence."A very readable statistical history of global oil depletion that frames and illuminates the century-old debate about "peak oil" or the "end of oil." A suitable text for introductory resource economics or for the general reader with a love for facts and detail."Sylvio J Faim! Los Alamos National Laboratory Informationen zum Autor Steven M. Gorelick holds the Cyrus Fisher Tolman Professorship in the School of Earth Sciences at Stanford University, where he has been on the faculty for over 20 years. In 2005, he was named a Guggenheim Fellow for his study of global oil depletion. Professor Gorelick is a Fellow of both the American Geophysical Union and Geological Society of America, and he has been selected twice as a Fulbright Senior Scholar (1997 and 2008) for studies of water resources issues in Australia. Klappentext 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. Zusammenfassung * This book analyzes predictions of global oil depletion in the context of science, history, and economics. * Key assumptions and underlying arguments in the global oil-depletion debate are first summarized and then challenged. Inhaltsverzeichnis Preface.Acknowledgments.About Units.Getting Started: What Do You Think?1 End of the Oil Era.Cause for Concern.Hubbert's Curve.The Appeal of Hubbert's Curve.Hubbert's Success.US Oil Dependence Since Peak Production.Chapters Ahead.Notes and Referen...

"Are we running out of oil or do we have plenty of this resource? Will the oil age end before we run out of oil? Have we reached the maximum daily production rate of oil or are we already on the down slide? Professor Gorelick has compiled the necessary data and provided his own incisive analysis to assist the reader in understanding the complex issues related to the supply and demand hydrocarbons. A must read for an understanding of both the domestic and global energy picture." Professor Khalid Aziz, Department of Energy Resources Engineering at Stanford "The dynamics around oil have shaped our lives for many decades and will do so for many decades to come. Surprisingly, many misconceptions exist around the extent and availability of this fundamental resource. This book is a lucid compilation of facts which is a must-read for anyone interested in energy and the environment." Ashok Belani, Chief Technology Officer of Schlumberger Limited "It is a pleasure to read an informed, balanced, and lively account of the prospect of meeting the world's need for oil in coming years. A combination of sound economics, attention to history's lessons, and political leadership offer the way forward. Read this book and decide what you should do." John Deutch, Institute Professor, Massachusetts Institute of Technology, former Director of Central Intelligence. "A very readable statistical history of global oil depletion that frames and illuminates the century-old debate about "peak oil" or the "end of oil." A suitable text for introductory resource economics or for the general reader with a love for facts and detail." Sylvio J Faim, Los Alamos National Laboratory

Autorentext
Steven M. Gorelick holds the Cyrus Fisher Tolman Professorship in the School of Earth Sciences at Stanford University, where he has been on the faculty for over 20 years. In 2005, he was named a Guggenheim Fellow for his study of global oil depletion. Professor Gorelick is a Fellow of both the American Geophysical Union and Geological Society of America, and he has been selected twice as a Fulbright Senior Scholar (1997 and 2008) for studies of water resources issues in Australia.

Klappentext
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 t…

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