Monthly Archives: April 2011

Why fixing energy policy is so difficult

Everyone would like to fix the US energy policy, but doing so is almost impossible, in my view, primarily because we need to be planning for a much bigger change than most people can even imagine. It seems to me … Continue reading

Posted in Energy policy, Financial Implications | Tagged , | 70 Comments

Peak Oil – April 2011 Update

The US Energy Information Administration’s January oil production figures are out, and they show record oil production. Where are we headed from here? While production for January is up a bit (219,000 barrels compared to December), the monthly numbers bounce … Continue reading

Posted in Financial Implications, Oil and Its Future | 43 Comments

Will the decline in world oil supply be fast or slow?

I wrote a post last week called Steep oil decline or slow oil decline? Since writing it, I had some additional thoughts on the subject, on reasons to expect a steep decline rather than a slow decline. Furthermore, my article What’s behind … Continue reading

Posted in Financial Implications, Oil and Its Future | Tagged , , , , | 37 Comments

What’s behind United States budget problems?

We see endless fighting between the Democrats and Republicans about the budget, but no real explanation as to what the issues are. My view is that there is a structural imbalance between government revenues and expense that is likely to … Continue reading

Posted in Energy policy, Financial Implications, News Related Post, Oil and Its Future | Tagged , , , | 59 Comments

Steep oil decline or slow oil decline?

Someone wrote asking the following question: Dear Gail, I have been reading quite a bit about peak oil recently. I get the impression (not based on data) that at some point there will be a quite steep decline in oil … Continue reading

Posted in Financial Implications, Oil and Its Future | Tagged , , , , , | 25 Comments