Oil Crisis

Oil Crisis

by C. J. Campbell




Why has Shell repeatedly re-stated its oil reserves? Why is oil above $50 a barrell? Why do Goldman-Sachs think its going to go over $100? Why did America invade Iraq? Why is central Asia in turmail? Because there is an OIL CRISIS.

And in his new book, Colin Campbell explains why, in a work that's accessible to both layman and professional. The grand old man of depletion studies, and currently president of the Association for the Study of Peak Oil, Colin Campbell distils a lifetime's study of oil reserves into this book. In his previous acclaimed book, the Coming Oil Crisis, he explained why a crisis was imminent. Now, in OIL CRISIS, he argues it's here, and the world is hopelessly unprepared for the consequences. Well meaning enthusiasm for renewables and high hopes about hydrogen will be seen for what they are when the wells stop pumping. It's a crisis of truly historic proportions. This is the book by the man who has the deep oil industry experience to properly unravel the issues, to illuminate for us the chamber of horrors into which we've just stumbled. To find out where you really are, read this book.

Product Details

ISBN-13: 9780906522394
Publisher: Multi-Science Publishing Co. Ltd.
Publication date: 09/28/2005
Pages: 456
Product dimensions: 6.25(w) x 9.00(h) x 0.77(d)

About the Author

C. J. Campbell is a former oil exploration geologist and the president of the Association for the Study of Peak Oil. He is the author of The Coming Oil Crisis.

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Oil Crisis 1 out of 5 based on 0 ratings. 1 reviews.
Guest More than 1 year ago
This book is a horrible disappointment. After all of the ¿positive¿ press received by Mr. Campbell, even on NPR, I decided to purchase the book. To make my biases clear, I am not an oil executive or investor. I work for a modestly-sized electric utility in the United States that uses natural gas to generate a modest portion of its electricity. I do not share a number of the views of the current administration and voted against it in the last election. I have spent my 15-year career in a planning department making resource decisions. I read this book only in an attempt to fill in some of the missing pieces of the puzzle that is our energy marketplace. My first surprise was Mr. Campbell¿s admission up front that he would ¿digress frequently into political and other matters outside of [his] own professional expertise.¿ To be blunt, in my professional opinion, much of this book is based on matters over which Mr. Campbell has limited or misinformed knowledge. A great example of this is the wasted text of Chapter 10 entitled ¿Economists Never Get It Right.¿ In reading this chapter, I have the feeling that while Mr. Campbell might well have read some of the work of Keynes and Smith, it was well over his head. Much of the book is a self-appreciation exercise, with Mr. Campbell¿s opinions trumping facts. He provides a number of conspiracy theories (nothing more) to support his opinions. His wildest begins on page 191 where he essentially accuses the US Government of carrying out the attacks on the World Trade Center. Further to this point, Mr. Campbell clearly carries a grudge against the US and makes various jabs at the country that are unnecessary to make his point. His view of the future also appears tainted by what comes off as his personal desires for a return to the simple life where in his home country (Ireland) ¿Women remain in the home¿Christmas trees will no longer be exported to Germany¿pubs will be stocked with home-brewed stout¿people will meet in each other¿s homes for songs and to dance¿¿ He also has decided that the ocean will provide ¿a near perpetual almost free supply [of energy]. If you are a nay-sayer that believes the world is about to end, and you want to grieve without critical thought, you might find this book useful. But for the rest of us who are capable of critical thought, look for another title. This book doesn¿t deserve the paper it was written on. Shame on NPR for giving it the light of day. I would be happy to hear your opinions on this book. Please e-mail me at powereconomist@hotmail.com. Thanks