A leading economist reveals how soaring oil prices are going to haev a huge impact on the way you live
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Jeff Rubin is a leading economist and analyst on energy issues, carbon trading systems, inflation and currency valuations. He is Chief Economist and Chief Strategist at CIBC World Markets and was one of the first economists to forecast a rapid rise in oil prices driven by growth in the developing world. He has appeared as a commentator on television, radio and in print all over the world
Cheap Oil = Foreign imports. Huge houses. Big cars. Binge flying.
Expensive Oil = Local food. Local industry. Small cars. Fewer flights.
We are poised on the brink of massive change. Our civilisation depends entirely upon cheap oil. It is the fuel that keeps the machinery of globalisation in motion, but as oil prices fluctuate and high prices become the norm, rather than the exception our oil-dependant, long-distance lifestyles are becoming untenable.
For years leading economist and expert on oil prices Jeff Rubin has been nearly alone in his predictions of oil scarcity and price hikes. Now he shares his insights into why oil prices are going to rise irreversibly over the coming years and what will happen to our way of life as a result. He explains why the conventional rules of economics simply don't work for oil markets and reveals how the wheels of globalisation will be thrown into reverse by the end of cheap oil. This will lead to dramatic changes in how we all do business, how we live and where we get our food, which will have profound, even positive effects on our economy and way of life. But the transition to a world without cheap oil is going to be a sharp shock for all of us.
Bold, articulate and utterly convincing, this is a fascinating insight into our collective future. Get ready for your world to get a whole lot smaller.
Jeff Rubin is the Chief Economist and Chief Strategist at CIBC World Markets. He was one of the first economists to accurately predict soaring oil prices back in 2000 and is now one of the world's most sought after energy experts.
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