FastBook Publishing Peak Oil

According to some studies, the global oil production peak has already been reached, meaning that oil resources could soon start to diminish significantly. As a result, not only will oil prices rise in the future, but also the prices of all goods that contain oil or are transported using oil. In addition to rising prices, there will also be shortages. On one hand, there will be rationing, and on the other hand, bribes will flow and corruption will flourish. There also needs to be a rethinking of global politics: oil-rich countries like Saudi Arabia, Iran, and Russia will gain significant power during the oil crisis and will then hold the reins. This book provides an overview of global oil reserves and the consequences of drastically declining reserves.