Rare Book Monthly

Articles - May - 2005 Issue

The Most Important Book You Will Ever Read - The Oil Endgame.

Chessboard signifies the oil endgame.

Chessboard signifies the oil endgame.


Just look at our actions outside of the Persian Gulf. There are far more dangerous WMD in North Korea, but no American troops are there. There are atomic weapons in Pakistan, now headed by a friendly, unelected ruler presiding over a resentful people (much like the Shah of Iran a few decades ago), and yet we just announced a sale of more fighter jets to this nation that could one day turn on us (again like Iran). As for bringing freedom to an oppressed people, the world is filled with oppressed people. They are dying in the Sudan, in central Africa, North Korea, Burma, all over the world, but outside of the Persian Gulf, we do not act. We can debate about whether our actions in Iraq are helping the situation or only making it worse, but it is clear that we are bearing enormous military costs in an area where there is oil that we do not expend anywhere else. This is not a coincidence. If our enemies succeed in shutting down that supply, we will expend even more, much more.

What about terrorists? It is no coincidence that the terrorists we find ourselves at war with are those with a connection to the oil capital of the world. There are terrorists all around the globe. They represent different forces in local battles. We have seen terrible carnage in Rwanda and its neighboring countries. Terrorists attack civilians in Algeria, Indonesia, the Philippines, Spain, Sri Lanka and elsewhere. If we think Al Qaida is the only terrorist group capable of unspeakable cruelty, think back to that Russian school and the Chechnyan terrorists. Still, most of them don't bother us in America. It is only those with a connection to what is otherwise useless (to us) land in the Persian Gulf that wreak havoc on our lives. Our need for that oil leaves us no choice but to get involved in these struggles which otherwise have nothing to do with us. But what if we didn't need their oil, had no vital interest in their lands to protect? Suddenly Lovins estimate of $180 billion to achieve energy independence, even twice that, seems cheap indeed.

So who has an interest in maintaining the status quo? There are two primary interests, the oil companies and the automobile manufacturers. The oil companies' reaction is natural. A plan that greatly reduces, and eventually eliminates, the need for oil is not going to please an organization whose existence in based on supplying the substance. However, the public need here is overwhelming, and the fact is, this change is going to come anyway. It is a question of when, not if. Worldwide oil supplies are scheduled to run out sometime later this century. Long before, shortages and accompanying escalating prices will tear apart our economy and standard of living. Fights among dependent nations for the shrinking oil supply may lead to new wars among old friends. It is an ugly scenario. The question is whether we will undertake the transition while it can still be accomplished with a minimum of disruption, or wait until chaos, depression, and conflicts force us to deal with the problem under the worst conditions. That is the only choice we have.

Rare Book Monthly

  • Forum Auctions
    Online: India
    Ends 19th February 2026
    Forum, Feb. 19: Lot 40
    Ramasvami (Kavali Venkata). A Digest of the Different Castes of India, 83 charming hand-coloured lithographed plates, Madras, 1837. £5,000-7,000
    Forum, Feb. 19: Lot 50
    Watson (John Forbes) & John William Kaye. The People of India: A Series of Photographic Illustrations...of the Races and Tribes of Hindustan, 8 vol., 480 mounted albumen prints, 1868-75. £4,000-6,000
    Forum, Feb. 19: Lot 53
    Afghanistan.- Elphinstone (Hon. Mountstuart). An Account of the Kingdom of Caubul, first edition, hand-coloured aquatint plates, a fine copy, 1815. £2,000-3,000
    Forum, Feb. 19: Lot 57
    [Album and Treatise on Hinduism], manuscript treatise on Hinduism in French, 31 watercolours of Hindu deities, Pondicherry, 1865. £3,000-4,000
    Forum, Feb. 19: Lot 62 Allan (Capt. Alexander). Views in the Mysore Country, [1794]. £2,000-3,000
    Forum Auctions
    Online: India
    Ends 19th February 2026
    Forum, Feb. 19: Lot 76
    Bird (James). Historical Researches on the Origin and Principles of the Bauddha and Jaina Religions..., first edition, lithographed plates, Bombay, American Mission Press, 1847. £3,000-4,000
    Forum, Feb. 19: Lot 100
    Ceylon.- Daniell (Samuel). A Picturesque Illustration of the scenery, animals, and native inhabitants, of the Island of Ceylon: in twelve plates, 1808. £5,000-7,000
    Forum, Feb. 19: Lot 123
    D'Oyly (Charles). Behar Amateur Lithographic Scrap Book, lithographed throughout with title and 55 plates mounted on 43 paper leaves, [Patna], [1828]. £3,000-5,000
    Forum, Feb. 19: Lot 139
    Gandhi (known as Mahatma Gandhi,) Fine Autograph Letter signed to Jawaharlal Nehru, Sevagram, Wardha, 1942, emphasising the importance of education in rural communities. £10,000-15,000
    Forum Auctions
    Online: India
    Ends 19th February 2026
    Forum, Feb. 19: Lot 140
    Gantz (John). Indian Microcosm, first edition, Madras, John Gantz & Son, 1827. £10,000-15,000
    Forum, Feb. 19: Lot 146
    Grierson (Sir George Abraham). Linguistic Survey of India, 11 vol. in 20, folding maps, original cloth, Calcutta, Superintendent Government Printing, 1903-28. £2,000-3,000
    Forum, Feb. 19: Lot 195
    Madras.- Fort St. George Gazette (The), No.276-331, pp.493-936 and Index to all of 1834 at end, modern half calf, Madras, 2nd July - 31st December 1834. £2,000-3,000
    Forum, Feb. 19: Lot 205
    Marshall (Sir John) and Alfred Foucher. The Monuments of Sanchi, 3 vol., first edition, 141 plates, most photogravure, [Calcutta], [1940]. £3,000-4,000
  • Il Ponte, Feb. 25-26: HAMILTON, Sir William (1730-1803) - Campi Phlegraei. Napoli: [Pietro Fabris], 1776, 1779. € 30.000 - 50.000
    Il Ponte, Feb. 25-26: [MORTIER] - BLAEU, Joannes (1596-1673) - Het Nieuw Stede Boek van Italie. Amsterdam: Pieter Mortier, 1704-1705. € 15.000 - 25.000
    Il Ponte, Feb. 25-26: TULLIO D'ALBISOLA (1899-1971) - Bruno MUNARI (1907-1998) - L'Anguria lirica (lungo poema passionale). Roma e Savona: Edizioni Futuriste di Poesia, senza data [ma 1933?]. € 20.000 - 30.000
    Il Ponte, Feb. 25-26: IL MANOSCRITTO RITROVATO DI IPPOLITA MARIA SFORZA. TITO LIVIO - Ab Urbe Condita. Prima Decade. Manoscritto miniato su pergamena, metà XV secolo. € 280.000 - 350.000
  • Sotheby's Fine Books & Manuscripts
    Available for Immediate Purchase
    Sotheby’s: Balthus, Emily Brontë. Wuthering Heights, New York: The Limited Editions Club, 1993. 6,600 USD.
    Sotheby’s: Charles Dickens. Complete Works, Philadelphia & London: J.B. Lippincott Company & Chapman & Hall, LD, 1850. Limited Edition set of 30 volumes. 7,500 USD.
    Sotheby’s: John Lennon, Yoko Ono. Handwritten Letter from John Lennon and Yoko Ono to their Chauffer. 1971. 32,500 USD.
    Sotheby’s: Winston Churchill. First edition of War Speeches, Cassell and Company, Ltd., 1941. Set of 7 volumes. 5,500 USD.
    Sotheby’s: Andy Warhol, Julia Warhola. Holy Cats First Edition, Signed by Andy Warhol. 1954. 30,000 USD.

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