Tag Archives: oil price

Reaching Oil Limits – New Paradigms are Needed


I have written in recent posts that oil limits are more complex than what many have imagined. They aren’t just a lack of a liquid fuel; they are inability to compete in a global economy that is based on use … Continue reading

Posted in Planning for the Future | Tagged , , | 224 Comments

Low Oil Prices Lead to Economic Peak Oil


We have all heard the story about oil supply supposedly rising and falling for geological reasons. But what if the story is a little different from this–oil production rises and falls for economic reasons? If this is the issue, it doesn’t … Continue reading

Posted in Financial Implications | Tagged , , , , | 225 Comments

How Oil Exporters Reach Financial Collapse


Recently, I explained how high oil prices can bring on financial collapse for oil importers. In this post, I’ll discuss the flip side of the situation: how oil exporters reach financial collapse. Unfortunately, we have many examples of countries that … Continue reading

Posted in Financial Implications | Tagged , , , , , , , | 137 Comments

Our Investment Sinkhole Problem


We are used to expecting that more investment will yield more output, but in the real world, things don’t always work out that way. In Figure 1, we see that for several groupings, the increase (or decrease) in oil consumption … Continue reading

Posted in Financial Implications | Tagged , , , , , , , | 67 Comments

Why Malthus Got His Forecast Wrong


Most of us have heard that Thomas Malthus made a forecast in 1798 that the world would run short of food. He expected that this would happen because in a world with limited agricultural land, food supply would fail to rise … Continue reading

Posted in Financial Implications, Food issues | Tagged , , , , , , , | 160 Comments