Why Your World Is About to Get a Whole Lot Smaller

Random House Canada. Near Fine in Fine dust jacket. 2009. Hardcover. 0307357511 . Black hardcovers in Near Fine condition, tight, bright & unmarked. The DJ is unclipped and in Fine condition. "What do subprime mortgages, Atlantic salmon dinners, SUVs and globalization have in common? They all depend on cheap oil. And in a world of dwindling oil supplies and steadily mounting demand around the world, there is no such thing as cheap oil. Oil might be less expensive in the middle of a recession, but it will never be cheap again. Take away cheap oil, and the global economy is getting the shock of its life. From the ageing oilfields of Saudi Arabia and the United States to the Canadian tar sands, from the shopping malls of Dubai to the shuttered auto plants of North America and Europe, from the made-in-China products on the shelves of the Wal-Mart down the road to the collapse of Wall Street giants, everything is connected to the price of oil Interest rates, carbon trading, inflation, farmers' markets and the wave of trade protectionism washing up all over the world in the wake of various economic stimulus and bailout packages - they all hinge on the new realities of a world where demand for oil eventually outstrips supply." ; 8.30 X 3.60 X 1.20 inches; 286 pages .