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Is the earth's oil supply starting to run out, or is there far more oil than some experts believe? This book points out flaws in the research used to warn of an oil shortfall and predicts that large new reserves of oil are soon to be tapped.
• Presents a cogent analysis that debunks the myths and exposes the agendas of those who promulgate the scarcity theory
• Supplies applied economic analysis—backed by well-informed research and proven analytical methodologies—by a scholar and researcher with real-world experience
• Explains how the extraction of crude oil from shale formations through hydraulic fracturing, or "fracking," should result in abundant long-term supplies with much greater geographical diversity, less political risk, and increased price stability
• Provides valuable insights into investing in the energy sector