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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
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 debt defaults, economic growth, limits to growth, oil price, peak oil
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 Egypt, financial collapse, Former Soviet Union, oil exports, oil price, Syria, Venezuela, Yemen
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 debt defaults, GDP growth, investment, investments, limits to growth, oil price, recession, Saudi Arabia
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 coal, energy consumption, food supply, Malthus, oil, oil price, peak oil, technology
160 Comments

