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, the potential to improve exploration acreage, changes in government policies, new corporate strategies, development in unconventional oils, and more.
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"The Battle for Barrels says we should take warnings of impending Armageddon with a pinch of salt."--Guardian
"It is a 'must read' antidote to the gloom and doom conclusions of oil scarcity."--Peter R. Odell, Professor Emeritus, International Energy Studies, Erasmus University, Rotterdam
"A successful demolition of the theories behind the peak-oil movement."--The Petroleum Economist
Duncan Clarke is chairman and CEO of Global Pacific & Partners, a private advisory firm, and the author of Empires of Oil.
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