Description

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It is widely accepted that global discoveries of conventional oil have peaked and that the era of cheap oil has gone forever. This book demonstrates that the doom and gloom of the "Peak Oil" theory is mistaken. Clarke rebuts the arguments of Peak Oil's adherents and discusses the issues they ignore - rising crude oil prices, new or future technologies, potential improved exploration acreage and/or access to restricted world oil zones, changes in government policies, new corporate strategies, development in unconventional oils, and more.

About the Author

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Duncan Clarke is Chairman and CEO of Global Pacific & Partners, a private advisory firm operating from offices in London, The Hague, Johannesburg and Nicosia. He gained his PhD in economics in 1975, and was a lecturer, economist and advisor, before establishing GP&P, with a focus on economics and strategy in the worldwide upstream industry.