Rating: WARTY!
Subtitled 'Overcoming the Challenges of Depletion, Geopolitics, and Global Warming', this book did not impress me mainly because it failed to address the fact that no matter how much technology we bring to bear, and how much we can squeeze from a rock, the fact is that oil is a pollutant, is causing climate change, and is inevitably going to run out at some point. The more we can wean ourselves off it, the less it's going to bite us in the ass. That's the bottom line, and this author seems to be in denial about that.
We're producing oil at the rate of about 35 billion barrels per year. The total world reserves are optimistically estimated at 1.6 trillion barrels. At that rate, this means the reserves will be used up in less than half a century. So yes, we have passed peak oil.
The author seemed to have a problem with the concept of easy oil, idiotically arguing that no oil is extracted easily. I guess wells never gushed, huh? I know what he means, but the fact is that these are not absolute terms; they're relative, and yes, it's harder work to find new oil now than it used to be. Deal with it. His own discussion of retrieving oil in Kazakhstan belies his claim!
He's also flat-out wrong in other regards. When he published the book, oil may have been at one hundred dollars a barrel, but (as of this blog post) is less than half that. The problem he fails to recognize is not that expensive oil is a problem, but that cheap oil is and has always been a problem. The oil crisis isn't that there isn't enough or that it's expensive, it's just the opposite: there's too much for our own good, and it's selling too cheaply. This needs to stop.
He talks about the so-called 'peak oil theory' being consistently wrong, but fails to address the fact that it was predictably wrong in the past because of poor information and no foreseeable technology. You can't fault someone in 1904 or 1940 for failing to see where the world would be in 2014, but that doesn't mean we can keep mindlessly sucking oil out of the Earth indefinitely and with no consequences. His failure to address this means just what the blurb says: Robin Mills is an oil insider and therefore not trustworthy as a disinterested commentator. Of course he's going to put a gloss on it. I cannot recommend this one.
