True sustainability is the line of engineering research and practice that is giving rise to a series of Scrivener textbooks, such as Khan & Islam's best-selling The Greening of Petroleum Operations. Making explicit reference to his own recently-published book in this series, Sustainable Energy Pricing, as the companion volume of this book, the author applies the principles of true economic sustainability developed there to re-examine actual engineering practices in fossil fuel and as well as...
The petroleum sector is possibly the largest and most dominant economic sector in the globalized economy. However, for reasons explored in this book, although none of the existing economic development models fit this sector in the past and apply even less today, no satisfactory alternative has presented itself. This book highlights the important reasons why current models fail to predict energy pricing with reasonable accuracy, and ventures into environmental and other problems with oil and gas...