Twilight in the Desert / Najlacnejšie knihy
Twilight in the Desert

Code: 04085859

Twilight in the Desert

by Matthew R Simmons

An international bestseller, 'Twilight in the Desert' has generated a firestorm of media attention from publications such as the Los Angeles Times, BusinessWeek, the Wall Street Journal, and even a cover story in the acclaimed New ... more

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Book synopsis

An international bestseller, 'Twilight in the Desert' has generated a firestorm of media attention from publications such as the Los Angeles Times, BusinessWeek, the Wall Street Journal, and even a cover story in the acclaimed New York Times Magazine. Written in a clear and engaging style, Twilight in the Desert provides an in-depth look at the world oil market and the mismanagement of Saudi oil resources. This factually-based book is backed by over 200 technical papers, all published over the last 20 years, that individually detail problems with particular Saudi oil wells and fields, and collectively demonstrate how the entire Saudi system could stall under the pressure of higher world oil demand. 'Twilight in the Desert' shows that even under the most optimistic scenario, Saudi Arabia may be able to maintain current rates of production for several years, but will not be able to increase production enough to meet the expected increase in global demand. Eventually, the reckoning day will come, and the world economy will be confronted with a major shock that will stunt economic growth, increase inflation, and further destabilize the Middle East. In short, 'Twilight in the Desert' is a warning call that the era of cheap oil is over, a development that will profoundly affect the world economy and the lifestyles of individual consumers.

Book details

Book category Books in English Economics, finance, business & management Industry & industrial studies Energy industries & utilities

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