Category Archives: News Related Post

Reaching Debt Limits: With or without China’s problems, we have a problem

Credit Problems are a Very Current Issue In the past several years, the engine of world’s growth has been China. China’s growth has been fueled by debt. China now seems to be running into difficulties with its industrial growth, and … Continue reading

Posted in Financial Implications, News Related Post | Tagged , , , | 621 Comments

Beginning of the End? Oil Companies Cut Back on Spending

Steve Kopits recently gave a presentation explaining our current predicament: the cost of oil extraction has been rising rapidly (10.9% per year) but oil prices have been flat. Major oil companies are finding their profits squeezed, and have recently announced plans to … Continue reading

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Additional Iranian Oil Sanctions May Be Counterproductive

A June 6, 2013, article from Reuters is titled, “Lawmakers in new drive to slash Iran’s oil sales to a trickle.” According to it, U.S. lawmakers are embarking this summer on a campaign to deal a deeper blow to Iran’s diminishing oil … Continue reading

Posted in News Related Post, Oil Policy | Tagged , , , | 278 Comments

Age of Limits Conference – May 23-27, 2013

I want to mention a conference that I will be speaking at over Memorial Day weekend near Artemas, Pennsylvania, called the Age of Limits Conference.  The conference is one of the few that deals directly with the issues we are … Continue reading

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Understanding Our Oil-Related Fiscal Cliff

The United States’ fiscal cliff is very much related to several changes we have been going through recently, and will likely continue to experience: High oil prices (more than triple their level ten years ago). High oil prices cause people … Continue reading

Posted in Energy policy, Financial Implications, News Related Post | Tagged , , , , , , , , | 157 Comments