The End of Cheap Oil, by Colin J. Campbell, Jean Laherrere

The End of Cheap Oil, by Colin J. Campbell, Jean Laherrere: "In 1973 and 1979 a pair of sudden price increases rudely awakened the industrial world to its dependence on cheap crude oil. Prices first tripled in response to an Arab embargo and then nearly doubled again when Iran dethroned its Shah, sending the major economies sputtering into recession. Many analysts warned that these crises proved that the world would soon run out of oil. Yet they were wrong."