Item of General Interest
July 25. I added MP4 videos of the presentations I made while in China regarding Energy and the Economy to my Presentations/Podcasts page. There are a total of seven of them. I also provide links to the related presentations. You will need to scroll down to find these presentations, since there are a few more recent videos "on top."
I am traveling for a few days. I will be attending the Bakken Oil Conference in Grand Forks, ND.
Author Archives: Gail Tverberg
Why are commodity prices, including oil prices, lagging? Ultimately, the question comes back to, “Why isn’t the world economy making very many of the end products that use these commodities?” If workers were getting rich enough to buy new homes and … Continue reading
We all know one thing that Greece, Cyprus, and Puerto Rico have in common–severe financial problems. There is something else that they have in common–a high proportion of their energy use is from oil. Figure 1 shows the ratio of … Continue reading
Some people talk about peak energy (or oil) supply. They expect high prices and more demand than supply. Other people talk about energy demand hitting a peak many years from now, perhaps when most of us have electric cars. Neither of … Continue reading
When forecasting how much oil will be available in future years, a standard approach seems to be the following: Figure out how much GDP growth the researcher hopes to have in the future. “Work backward” to see how much oil … Continue reading
Cuba is an unusual country for quite a few reasons: The United States has had an embargo against Cuba since 1960, but there has recently been an announcement that the US will begin to normalize diplomatic relations. The leader of Cuba … Continue reading