What is the future of oil as a primary source of energy? Is the world moving inexorably towards the end of the oil era? This book provides a comprehensive analysis of the future of oil by assessing the present realities and prospects of the oil sector, tracing the growth of alternative and renewable energy sources and examining the impact of environmental concerns. The volume also focuses on aspects of energy quality in the ongoing energy transition, highlights new technological developments in the oil industry and suggests ways to ensure price stability in the oil market.
Introduction: The Future of Oil as a Source of EnergyPosition of Oil: An Overview 1. Oil as a Source of Energy: Present Realities and Future Prospects Alternatives to Oil 2. Alternative Energy Sources: An Assessment 3. Renewable Energy: A Realistic Challenge to Oil 4. The Future of Natural Gas in the Energy Market 5. The Importance of Energy Quality in the Transition to a Solar Economy The Oil Industry: Issues of Concern 6. The Impact of Environmental Concerns on the Future of Oil 7. New Developments in the Upstream Oil Industry 8. Seeking Stability in the Oil Market Conclusion