Hubbert's Peak: The Impending World Oil Shortage: The Impending World Oil Shortage - New Edition - Softcover

"Praise for the previous edition: "Deffeyes has reached a conclusion with far-reaching consequences for the entire industrialized world. . . . The 100-year reign of King Oil will be over.""---Fred Guterl, Newsweek

"Praise for the previous edition: "Deffeyes makes a persuasive case. . . . This is an oilman and geologist's assessment of the future, grounded in cold mathematics. And it's frightening.""---Paul Raeburn, Scientific American

"Praise for the previous edition: "Deffeyes writes with the taut reasoning of a scientist and the passion of someone raised in the industry. His background is ideal for this subject, and the book is a gem. . . . Read Hubbert's Peak--it's better to know what lies ahead than to be surprised too late to respond.""---Brian J. Skinner, American Scientist

"Praise for the previous edition: "A persuasive prophecy. Hubbert's story is important and needs to be told. I suspect that historians in years to come will recognise Hubbert's Peak as a historical turning point.""---Tim Burnhill, New Scientist

"Praise for the previous edition: "A most readable handbook. . . . If [Deffeyes] is right we have, at most, two or three years in which to prepare for yet another price shock, and to accelerate our move away from oil as fuel. The strength of the book lies in its solid background and well-explained basis for that single prediction.""---Stuart Young, Nature

"Praise for the previous edition: "An important new book.""---Robert Kuttner, Boston Globe

"Praise for the previous edition: "[Some] experts . . . worry that the global peak in production will come in the next decade. . . . A heavyweight has now joined this gloomy chorus. Kenneth Deffeyes argues in a lively new book that global oil production could peak as soon as 2004.""--The Economist

"Praise for the previous edition: "Deffeyes, using Hubbert's methodology, shows that the trajectory of world reserves is closely following the pattern of U.S. discovery and depletion, with just a few decades' lag. Drilling deeper, in more remote locations, and with more elaborate technologies won't tap reserves that don't exist. . . . America's energy policy needs to tilt away from oil and in favor of conservation, new technology, and domestic renewables. The time to act is now, before the next wave of gas lines and rationing is upon us.""---Robert Kuttner, Business Week

"Praise for the previous edition: "There are few things as important nowadays as the energy system, and few books on the subject as thought provoking as this one.""---J.R. McNeill, Wilson Quarterly

"Praise for the previous edition: "We have long been told that fossil fuels wouldn't last forever, but Deffeyes hypothesis is still startling: Sometime during the next decade, the supply of oil won't keep up with the demand. Because of its broad impact Hubbert's Peak is a must-read for almost everyone--scientists, policy-makers, environmentalists, people who buy cars.""---Ann Wagner, NationalJournal.com

In 2001, Kenneth Deffeyes made a grim prediction: world oil production would reach a peak within the next decade - and there was nothing anyone could do to stop it. Deffeyes' claim echoed the work of geophysicist M. King Hubbert, who in 1956 predicted that U.S. oil production would reach its highest level in the early 1970s. Though roundly criticized by oil experts and economists, Hubbert's prediction came true in 1970. In this updated edition of "Hubbert's Peak", Deffeyes explains the crisis that few now deny we are headed toward. Using geology and economics, he shows how everything from the rising price of groceries to the subprime mortgage crisis has been exacerbated by the shrinking supply - and growing price - of oil. Although there is no easy solution to these problems, Deffeyes argues that the first step is understanding the trouble that we are in.