Item of General Interest
Nov. 5. I added a new 40 minute audio interview with Jim Kunstler to my Presentations/Podcasts page. The general topic is my views on Energy and the Economy.
I have also added the two new presentations that I have recently written up as posts to that page as well. These are Our Electricity Problem: Getting the Diagnosis Correct and Oops! The economy depends on an energy-related debt bubble.
Tag Archives: diesel
There is ample evidence that spikes in oil prices leads to recession, at least in the US, which is an oil-importing nation. James Hamilton has shown that 10 out of the last 11 US recessions were associated with oil price … Continue reading
The world is presently sharing a limited supply of oil. When oil prices rise, oil production doesn’t rise very much, if at all. The issues then become: Which buyers get the oil? What uses get priced out of the market? … Continue reading