Monthly Archives: July 2011

How Limited Oil Supply can lead to a Continuing Financial Crisis

I recently wrote an article called Oil Supply Limits and the Continuing Financial Crisis, which has been accepted by the journal Energy. It is still in pre-publication status, but the corrected proof is available for purchase. Because of copyright limitations, … Continue reading

Posted in Financial Implications | Tagged , , , | 52 Comments

Headed for a lower standard of living?

The amount of oil that is extracted from the ground each year has been close to flat since 2005, regardless of what has happened to price. Since world population has been growing, this means less and less is available for … Continue reading

Posted in Energy policy, Financial Implications | 66 Comments

The Link Between Peak Oil and Peak Debt – Part 2

In Part 1 of this post, I pointed out that an economy is closely linked with the resources that underly it. Because of this, if there is really is a limit that prevents oil supply from rising endlessly, then there … Continue reading

Posted in Financial Implications | Tagged , | 42 Comments

The Link Between Peak Oil and Peak Debt – Part 1

The economy is closely linked with the physical resources that underly it. Most economists assume debt can rise endlessly, just as they assume GDP can rise endlessly. But if there really is a limit that prevents oil supply from rising … Continue reading

Posted in Financial Implications | Tagged , , | 68 Comments

Uranium supply update

Will uranium supply be adequate for planned nuclear electricity? This question has seen sharply differing views. The purpose of this post is to give an update, showing where we are now. The supply situation is recently looking better, partly because of an … Continue reading

Posted in Alternatives to Oil | Tagged , , , | 30 Comments