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Monthly Archives: February 2011
How much oil will be recoverable?
This is a post of mine that is in the ASPO-USA newsletter today. The world holds a huge amount of oil resources. Besides liquid oil, there is very heavy oil in various forms. There is also liquid oil trapped in … Continue reading
WSJ, Financial Times Raise Issue of Oil Prices Causing Recession
The idea that high oil prices cause recessions shouldn’t be any surprise those who have been following my writings, or those of Dave Murphy, or those of Jeff Rubin. Yesterday, though, the Wall Street Journal finally decided that to mention … Continue reading
Posted in Financial Implications, Oil and Its Future
Tagged EROEI, EROI, oil prices, recession
46 Comments
There is No Steady State Economy (except at a very basic level)
We keep seeing statements from the Center for the Advancement of a Steady State Economy suggesting that a steady state economy is desirable. I would agree that growth in a finite world is not sustainable, but even continuation of our … Continue reading
