Category Archives: Financial Implications

Why EIA, IEA, and BP Oil Forecasts are Too High

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

Posted in Financial Implications, Oil and Its Future | Tagged , , , , , | 904 Comments

Cuba: Figuring Out Pieces of the Puzzle (Full Text)

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

Posted in Financial Implications | Tagged , , | 844 Comments

Cuba: Figuring Out Pieces of the Puzzle

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

Posted in Financial Implications | 36 Comments

Why We Have an Oversupply of Almost Everything (Oil, labor, capital, etc.)

The Wall Street Journal recently ran an article called, Glut of Capital and Labor Challenge Policy Makers: Global oversupply extends beyond commodities, elevating deflation risk. To me, this is a very serious issue, quite likely signaling that we are reaching … Continue reading

Posted in Financial Implications | Tagged , , , , , | 1,002 Comments

Overview of Our Energy Modeling Problem

We live in a world with limits, yet our economy needs growth. How can we expect this scenario to play out? My view is that this problem will play out as a fairly near-term financial problem, with low oil prices … Continue reading

Posted in Financial Implications | Tagged , , , , , , | 589 Comments