COOKE, RONALD R. (2004) Oil, Jihad and Destiny: Will declining oil production plunge our planet into a depression?

World oil is transitioning from a market driven by consumer demand to one limited by producer capacity. The approaching oil crisis will impact the economic and cultural health of every nation. This research report examines oil reserves and production as well as cultural challenges in the Middle East. It explores four alternative oil depletion scenarios and outlines a proposed course of action to enable a «soft landing.»