Cheap Oil to Last, ”Doomsday” Fears Overblown, Author Says

Is the era of cheap oil really at an end? Or could a glut send prices into a freefall? Should Western countries fear energy blackmail from oil-rich powers?

There’s no crystal ball to predict oil’s future, but Leonardo Maugeri believes that much can be learned by looking at the industry’s past.

Maugeri is the author of The Age of Oil: The Mythology, History, and Future of the World’s Most Controversial Resource. As a senior vice president at the Italian oil corporation Eni SpA, he’s also an oil-industry insider.


In his book Maugeri explains how prices affect the cycle of oil production and why he believes oil “doomsday theorists” are tapping an empty well.

Maugeri’s theories often challenge conventional wisdom but are likely to become an essential part of the debate on oil’s future.

National Geographic