Overview

With oil around $100 a barrel, drivers wince whenever they pull into the gas station and businesses watch their bottom lines shrink. Watch out, say doomsayers, it will only get worse as oil dries up. It's a plausible argument, especially considering the rate at which countries like China and India are now sucking up oil. Even more troubling, the world's largest oil fields sit in geopolitical hotspots like Iran and Iraq. Some believe their nations need to secure remaining supplies using military force, while others consider dwindling supplies a blessing that will help solve the problem of global warming. But wait—is it really the end of oil? Absolutely not, says geologist, economist, and industry-insider Robin Mills. There is no other book by an industry insider that effectively counters the peak oil theory by showing where and how oil will be found in the future. There also is no other book by an insider that lays out an environmentally and geopolitically responsible path for the petroleum industry and its customers. The Myth of the Oil Crisis, written in a lively style but with scientific rigor, is thus a uniquely useful resource for business leaders, policymakers, petroleum industry professionals, environmentalists, and anyone else who consumes oil. Best of all, it offers an abundance of one commodity now in short supply: hope for the future.

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9780313354793

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<p> Geologist, economist, and petroleum industry insider Mills makes an intelligent case for oil's continuing role as a major, growing energy source. A Herculean task, one would think, given public sentiment on the matter. Mills manages it by first neatly dividing opposing viewpoints into five camps: geologists (those who espouse peak oil theory), economists (the markets will work it out), militarists (use power to secure energy supplies), environmentalists (fossil fuels: no), and no-Luddites (fossil fuels, consumption, and materialism: no). He then conquers their positions with lively, exhaustive sourced arguments to say that there may be more conventional oil than reported, colossal unconventional sources, and plentiful energy substitutes. Mills shows deep understanding of the complexity of the issue, and while promising no easy fixes, he is yet hopeful: gloomy predictions do not resemble the real world and take no account of human integrity. - <p>Library Journal, Starred Review

Robin Millis's The Myth of the Oil Crisis is one of the most insightful books on debunking peak oil theory. With deep industry knowledge, persuasive arguments and some of the best quantitative analysis, his book demonstrates that Peak Oil Theory is a hot air balloon with more PR mileage than real insights. His comprehensive view of green energy includes 'green hydrocarbons'; acknowledging hydrocarbons will continue to play a key role in meeting increasing energy demand across the world. This is a must-read for anybody concerned with energy and environmental issues. -William Zhao, CEO, Gaia Carbon Control Systems

Author Information

Robin M. Mills is an oil industry professional with a background in both geology and economics. Currently, he is Petroleum Economics Manager for the Emirates National Oil Company in Dubai. Previously, he worked for Shell. Mills, who speaks Farsi and Arabic, is a member of the International Association for Energy Economics and Association of International Petroleum Negotiators. He holds a Master's Degree in Geological Sciences from Cambridge University.

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