The signs the world is headed for an impending catastrophe are everywhere. For decades we have enjoyed cheap energy. Many believe we are headed for an oil peak – the point where the earth’s oil production will begin declining at a rate of approximately two per cent per year.

Improved technologies may squeeze more oil from old wells; tar sands and heavy oil conversions may add to the supply. Yet one need only look at the rising price at the pump to realize there is no longer supply and demand equilibrium.

In Black Gold, George Orwel explores the implications of this imbalance for both investors and consumers. He argues oil prices are prepared for what he terms an “uberspike” which will challenge the woorld’s economic, political and philosophical order.

The author, an oil analyst and senior writer for the Oil Daily and Petroleum Intelligence Weekly, provides:

• An insightful analysis of alternative fuel sources – their plusses and minuses and investment potential.
• An insider’s view of Saudi Arabia and the rest of the Middle East production capabilities.
• An analysis of alternative investments, including ETFs, energy futures and hedge funds.

This well-written book is a thoughtful and action-oriented look at what may prove to be the greatest investment and industrial challenge facing the world’s people today. ( )