Monthly Archives: August 2011

Natural Gas: The Squeeze at the Bottom of the Resource Triangle

Theoretically, we have a very large amount of resources of many kinds available–oil, natural gas, coal, uranium, gold, fresh water. There is a relatively small amount of high quality, inexpensive-to-extract resources, and we tend to extract those first. From there, … Continue reading

Posted in Alternatives to Oil | Tagged , | 20 Comments

Don’t count on gold in a downturn

The way the price of gold keeps rising, a person might think that no matter what the downturn, gold would prove to be a good investment. I think that if things don’t fall apart too much, gold will be an … Continue reading

Posted in Financial Implications, News Related Post | Tagged , , | 121 Comments

Oil Limits, Recession, and Bumping Against the Growth Ceiling

The issues we are confronted with today seem to be a subset of the issues foretold in the book Limits to Growth back in 1972. At some point, the economy cannot continue to grow as rapidly as it did in the past. … Continue reading

Posted in Financial Implications, Introductory Post | Tagged , , , , | 115 Comments

Recession: We are hitting an economic growth ceiling caused by limited cheap oil

People wonder what has been happening recently, with wildly gyrating financial markets and government debt problems. It seems to me that we are bumping up against an economic growth ceiling, brought on by a limited supply of cheap oil. As … Continue reading

Posted in Financial Implications | Tagged , , , | 26 Comments

Fall of the Soviet Union: Implications for Today

Back in the 1960s and 1970s, the country that was the “big growth story” was the Soviet Union. Its oil consumption grew by leaps and bounds. Its space program grew; its military program grew; and it became much more industrialized. But … Continue reading

Posted in Financial Implications | Tagged , , | 24 Comments