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The Battle for Barrels: Peak Oil Myths & World Oil Futures Hardcover – February 1, 2009
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"It is a 'must read' antidote to the gloom and doom conclusions of oil scarcity."--Peter R. Odell, Professor Emeritus, International Energy Studies, Erasmus University, Rotterdam
"A successful demolition of the theories behind the peak-oil movement."--The Petroleum Economist
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To save you time and the price of the book, the gist of the book is this: The Peak Oil proponents are like those who predict the end of the world on a certain date, then, when that doesn't happen, chose another future date. They also ignore the possiblity of future oil finds.
On the other hand, the author makes what appears to be a valid and reasoned argument that nobody has a clue as to how much oil there really is on earth, as exploration to find new basins/reservoirs is expensive, takes years, and is high risk (due to terrorism, politcs, etc.)
For the reader interested in a view at the extreme opposite of the Peak Oil theory, in his book "The Deep Hot Biosphere," Thomas Gold gives arguments and evidence that we'll never run out of oil because it is continually being synthesized far beneath the surface of the earth by the extreme pressures and temperatures there.
Anyways, I'll be somewhat brief. The book stinks. It is a 10 page paper masquerading as a full-length book. This of course makes sense because the average person would feel cheated if they paid $20 for a 10 page paper.
The author immediately starts into explaining generalities of the oil industry's current state and just repeats them over and over. No real intro into how the oil exploration industry works. In fact, you get almost no background at all. But you do get acronyms. Ohhhh.....the acronyms.
ASPO. ODAC. IEA. EIA. MBOPD. CERA-IHS. MMBOPB. API. CTL. LNG. GDP. BOE. UNIDO. And that's just chapter 3.
Really this is just a pointless book. I somewhat agree with the overall philosophy. I'm in the "yeah, we're running out of oil, but it's not all going to disappear in a single day so chill out" camp, but this book is a waste.