Why Your World is About to Get a Whole Lot Smaller: What the Price of Oil Means for the Way We Live - Softcover

Rubin, Jeff

Softcover

ISBN 10: 0753519623 ISBN 13: 9780753519622

Publisher: Virgin Books, 2009

Synopsis

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 skyrocket. Soaring energy costs are not going to get thrown into 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. He explains why the conventional rules of economics don't work when it comes to oil markets and shows why oil 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.

About this title

Review:

"Original, engaging and persuasive ... a thought-provoking introduction to a future that, sooner or later, the world is inevitably going to enter." (Financial Times)

Book Description:

A leading economist reveals how soaring oil prices are going to haev a huge impact on the way you live

About this edition

• Publisher: Virgin Books
• Publication date: 2009
• ISBN 10: 0753519623
• ISBN 13: 9780753519622
• Binding: Paperback
• Number of pages: 304