Why Your World is About to Get a Whole Lot Smaller - Hardcover

Rubin, Jeff

Hardcover

ISBN 10: 190526481X ISBN 13: 9781905264810

Verlag: Virgin Books, 2009

Inhaltsangabe

Cheap oil is equal to foreign imports. Huge houses. Big cars. Binge flying. Expensive oil is equal to local food. Local industry. Small cars. Fewer flights. Our civilization as we know it is entirely dependant on cheap oil. And that civilization is about to get the shock of its life. Our systems of trade, finance, shipping and manufacturing, of labour and international relations are all going to be affected as oil supplies dwindle and prices fluctuate wildly. Soaring energy costs are not going to get thrown into permanent reverse; but, as a direct result, the machinery of globalization certainly will. For years Jeff Rubin has been accurately predicting how the world's dwindling oil supply will affect oil prices. Now he shares his predictions for what is going to happen next, including how oil prices will bounce back after the current economnic crisis and why permanently cheap oil is now a thing of the past. He explains why the conventional rules of economics don't work when it comes to oil markets and shows why prices will continue to rise in the coming years, even as demand increases. He reveals how globalization and developing economies are accelerating depletion of oil reserves and pushing prices ever higher, and in turn shows how this will lead to a new inflation, with higher food prices and transport costs. But there is good news: as Rubin shows, skyrocketing oil prices will lead to a new kind of localised living, in which we'll reinvigorate our national manufacturing industries, embrace local food production and make positive changes in where and how we live and work.

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Über die Autorin bzw. den Autor

Jeff Rubin is a leading economist and analyst on energy issues, carbon trading systems, inflation and currency valuations. He is Chief Economist and Chief Strategist at CIBC World Markets and was one of the first economists to forecast a rapid rise in oil prices driven by growth in the developing world. He has appeared as a commentator on television, radio and in print all over the world

Von der hinteren Coverseite

Cheap Oil: Foreign imports. Huge houses. Big cars. Binge flying.

Expensive Oil: Local food. Local industry. Small cars. Fewer flights.



What do subprime mortgages, Atlantic salmon, SUVs and globalisation all have in common? They all depend on cheap oil.

But in a world of dwindling oil supplies and steadily mounting demand, very soon there will be no such thing. Take away cheap oil and the global economy is going to get the shock of its life.

Whether we like it or not, our world is about to get a whole lot smaller.

Aus dem Klappentext

We are poised on the brink of massive change. Our civilisation depends entirely upon cheap oil. It is the fuel that keeps the machinery of globalisation in motion; without it our way of life will grind to a halt. But as oil prices fluctuate and high prices become the norm, rather than the exception, our oil-dependant, long-distance lifestyles are becoming untenable.

For years leading economist and expert on oil prices Jeff Rubin has been nearly alone in his predictions of oil scarcity and price hikes. Now he shares his insights into why oil prices are going to skyrocket over the coming years, and what will happen to our way of life as a result.

Rubin explains why the conventional rules of economics simply don't work for oil markets and reveals how the wheels of globalisation will be thrown into reverse by the end of cheap oil. He shows how record oil prices - not subprime lending - were largely to blame for the global financial crisis and how a return to high prices in the coming years will lead to dramatic changes in how we all do business, how we live and where we get our food. These changes will have profound, even positive effects on our economy and way of life, but the transition to a world without cheap oil is going to be a sharp shock for all of us.

Bold, articulate and utterly convincing, this is a fascinating insight into our collective future. Get ready for your world to get a whole lot smaller.

Details zur Ausgabe

• Verlag: Virgin Books
• Erscheinungsdatum: 2009
• Sprache: Englisch
• ISBN 10: 190526481X
• ISBN 13: 9781905264810
• Einband: Tapa dura
• Anzahl der Seiten: 286
• Kontakt zum Hersteller: Nicht verfügbar
• Verantwortliche Person: Nicht verfügbar