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Synopsis
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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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
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- PublisherRandom House of Canada Ltd
- Publication date2009
- ISBN 10 0307357511
- ISBN 13 9780307357519
- BindingHardcover
- Edition number1
- Number of pages286
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Why Your World Is About to Get a Whole Lot Smaller
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ISBN 10: 0307357511
ISBN 13: 9780307357519
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Why Your World Is About to Get a Whole Lot Smaller
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Why Your World is About to Get a Whole Lot Smaller
Published by
Random House Canada, Canada, 2009
ISBN 10: 0307357511
ISBN 13: 9780307357519
Used
Hardcover
First Edition
Seller: ! Turtle Creek Books !, Mississauga, ON, Canada
Seller rating 5 out of 5 stars
Hardcover. Condition: Good. Dust Jacket Condition: Very Good. First Edition. Some edgewear, shelfwear and chipping of dust jacket, a few rippled pages otherwise still a good solid copy. From the publisher:"What do subprime mortgages, Atlantic salmon dinners, SUVs and globalization have in common? They all depend on cheap oil. And in a world of dwindling oil supplies and steadily mounting demand around the world, there is no such thing as cheap oil. Oil might be less expensive in the middle of a recession, but it will never be cheap again. Take away cheap oil, and the global economy is getting the shock of its life. From the ageing oilfields of Saudi Arabia and the United States to the Canadian tar sands, from the shopping malls of Dubai to the shuttered auto plants of North America and Europe, from the made-in-China products on the shelves of the Wal-Mart down the road to the collapse of Wall Street giants, everything is connected to the price of oil Interest rates, carbon trading, inflation, farmers? markets and the wave of trade protectionism washing up all over the world in the wake of various economic stimulus and bailout packages ? they all hinge on the new realities of a world where demand for oil eventually outstrips supply. According to maverick economist Jeff Rubin, there will be no energy bailout. The global economy has suffered oil crises in the past, but this time around the rules have changed. And that means the future is not going to be a continuation of the past. For generations we have built wealth by burning more and more oil. Our cars, our homes, our whole world has been getting bigger in the cheap-oil era. Now it is about to get smaller. There will be winners as well as losers as the age of globalization comes to an end. The auto industry will never recover from this oil-induced recession, but other manufacturers will be opening up mothballed factories. Distance will soon cost money, and so will burning carbon ? both will bring long-lost jobs back home. We may not see the kind of economic growth that globalization has brought, but local economies will be revitalized, as will our cities and neighborhoods. Whether we like it or not, our world is about to get a whole lot smaller.". Seller Inventory # 096826
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Why Your World Is About to Get a Whole Lot Smaller
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Why Your World Is About to Get a Whole Lot Smaller
Published by
Random House Canada, 2009
ISBN 10: 0307357511
ISBN 13: 9780307357519
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Why Your World Is About to Get a Whole Lot Smaller
Published by
Random House Canada, 2009
ISBN 10: 0307357511
ISBN 13: 9780307357519
Used
Hardcover
First Edition
Seller: Russell Books, Victoria, BC, Canada
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Why Your World Is About to Get a Whole Lot Smaller
Published by
Random House Canada, 2009
ISBN 10: 0307357511
ISBN 13: 9780307357519
Used
Hardcover
First Edition
Seller: Russell Books, Victoria, BC, Canada
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Why Your World Is About to Get a Whole Lot Smaller
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Hardcover. Condition: Near Fine. Dust Jacket Condition: Very Good. Edge and tip wear to d/j. A Good Read ships from Toronto and Niagara Falls, NY - customers outside of North America please allow two to three weeks for delivery. ; 8.30 X 3.60 X 1.20 inches; 304 pages. Seller Inventory # 73562
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Why Your World Is About to Get a Whole Lot Smaller
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Hardcover. Condition: Near Fine. Dust Jacket Condition: Fine. Black hardcovers in Near Fine condition, tight, bright & unmarked. The DJ is unclipped and in Fine condition. "What do subprime mortgages, Atlantic salmon dinners, SUVs and globalization have in common? They all depend on cheap oil. And in a world of dwindling oil supplies and steadily mounting demand around the world, there is no such thing as cheap oil. Oil might be less expensive in the middle of a recession, but it will never be cheap again. Take away cheap oil, and the global economy is getting the shock of its life. From the ageing oilfields of Saudi Arabia and the United States to the Canadian tar sands, from the shopping malls of Dubai to the shuttered auto plants of North America and Europe, from the made-in-China products on the shelves of the Wal-Mart down the road to the collapse of Wall Street giants, everything is connected to the price of oil Interest rates, carbon trading, inflation, farmers' markets and the wave of trade protectionism washing up all over the world in the wake of various economic stimulus and bailout packages - they all hinge on the new realities of a world where demand for oil eventually outstrips supply." ; 8.30 X 3.60 X 1.20 inches; 286 pages. Seller Inventory # 19348
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Why Your World Is About to Get a Whole Lot Smaller
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