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Energy: The Master Resource Paperback – July 30, 2004

ISBN-13: 978-0757511691 ISBN-10: 0757511694 Edition: 1st

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Product Details

  • Paperback: 252 pages
  • Publisher: Kendall Hunt Publishing; 1st edition (July 30, 2004)
  • Language: English
  • ISBN-10: 0757511694
  • ISBN-13: 978-0757511691
  • Product Dimensions: 7.1 x 8.9 inches
  • Shipping Weight: 1.2 pounds (View shipping rates and policies)
  • Average Customer Review: 4.2 out of 5 stars  See all reviews (6 customer reviews)
  • Amazon Best Sellers Rank: #748,186 in Books (See Top 100 in Books)

Customer Reviews

4.2 out of 5 stars
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Most Helpful Customer Reviews

13 of 13 people found the following review helpful By Gary L. Farmer on February 23, 2006
Format: Paperback
While there's nothing here that can't be found elsewhere, this is an above average introduction to energy-related business issues. Rather than having to search various resources, Bradley compiles them into a single, thin, easily read volume.
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16 of 17 people found the following review helpful By Crosslands on February 23, 2005
Format: Paperback
This book is an excellent source of information about energy as well as the development of energy resources. The book contains a great body of statistical and other information, often not readily available from other sources. Moreover the colorful charts are excellent. The reader expecting detailed explanations of energy technology will be disappointed. But as a general energy history and overview this work is unsurpassed.
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18 of 24 people found the following review helpful By Amazon Customer on January 6, 2009
Format: Paperback
Energy: The Master Resource is a simple primer on current energy issues, with a strong push for market solutions. The authors present a compelling case for property rights and the rule of law as prerequisites for effective management of energy resources. The book surveys the means for producing and using major energy resources (the petroleum, natural gas, coal; nuclear fuels; biofuels; and other renewables). It also generally does a good job of describing market forces related to energy, but occasionally comes up short.
Bradley and Fulmer carefully avoid the issue of economic externalities when it suits them. They simplify the economics of energy to declare that the market always yields the best result. Unaccounted costs related to pollution, whether measurable or vague, are missing from their equation. Likewise, the ways that lobbying and taxation distort the energy market are ignored.
Moreover, the authors make a peculiar leap of logic with respect to the development of environmental laws. After establishing that many clean air and clean water laws emerged in the 1970s, Bradley and Fulmer assert that better environmental quality in the present (as compared to the era before clean air/water laws) is evidence that such laws are unnecessary.
The authors also dismiss those they describe as "pessimists" to a fault. For example, in a section dealing with petroleum supplies and prices, the authors suggest that the idea of oil trading for over $100 per barrel in the next decade (from the 2004 publication date) is mere hysteria. Yet, only four years after the book went to press, oil topped $140 per barrel.
Ultimately, a few important issues are left out, seemingly because they disagree with the authors' positions.
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