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Over a Barrel - Breaking the Middle East Oil Cartel

1 stars (Don't get me started...) - As the author of two books on Peak Oil, I admit to having a bias. Even so, I'd be happy to discuss Learsy's book in an even-handed way, questioning his arguments by stating counter-arguments, and supporting those with data. However, it is impossible to do this because Learsy makes no real effort to mount a scientific case in favor of his cornucopian assertions about plentiful oil for decades to come. Instead, what he offers in his chapter "debunking" peak oilers is logical fallacy upon logical fallacy, with nary a fact to break the monotony. His favorite form of fallacy is the straw man: he attacks geologists like Hubbert, Campbell, and Laherrere for predicting that global oil production will follow a smooth bell curve--when NONE of them does so. He also says that most of the Peak Oil authors work for the oil companies or for oil-producing countries. How about some examples? I know just about every significant Peak Oil author (except Hubbert, who is deceased) and I can only think of one out of maybe a dozen who fits Learsy's description--which, if it were accurate, might lead the reader to think that Peak Oil authors have ulterior motives. These are just two examples out of many. It is really frustrating to see what should be a scientific discussion brought down to the equivalent of name-calling--evidently because the author has no actual evidence with which to argue his case. Now to the author's primary assertion: that OPEC is gouging the world by imposing high oil prices. In fact, for most of its history OPEC has bent over backwards to supply oil at prices agreeable to Washington. The Saudis even let go of billions in potential earnings in the 1980s in order to flood the world with cheap crude so as to help bankrupt the USSR (it worked)--all to cozy up to George H. W. Bush and friends. Yes, OPEC countries could be spending more on production capacity, but the real reason for high oil prices today is that 33 out of 48 producin...
Nelson Current :: Political Science & General :: Religion :: Politics & State :: Politics&International Relations :: Political aspects :: Political Science :: Petroleum industry an :: Over a Barrel - Breaking the Middle East Oil Cartel


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