Tag Archives: oil prices

Our Energy Predicament in Charts


A friend asked me to put together a presentation on our energy predicament. I am not certain all of the charts in this post will go into it, but I thought others might be interested in a not-so-difficult version of … Continue reading

Posted in Alternatives to Oil, Financial Implications | Tagged , , , , , , , | 183 Comments

How High Oil Prices Lead to Recession


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

Posted in Financial Implications | Tagged , , , , , , , , | 85 Comments

Ten Reasons Why High Oil Prices are a Problem


A person might think from looking at news reports that our oil problems are gone, but oil prices are still high. In fact, the new “tight oil” sources of oil which are supposed to grow in supply are still expensive … Continue reading

Posted in Financial Implications | Tagged , , , , | 51 Comments

2013: Beginning of Long-Term Recession?


We have been hearing a lot about escaping the fiscal cliff, but our problem isn’t solved. The fixes to date have been partial and temporary. There are many painful decisions ahead. Based on what I can see, the most likely … Continue reading

Posted in Financial Implications, Food issues, Planning for the Future | Tagged , , , , , , , , , , , , , , , , | 158 Comments

Energy Leveraging: An Explanation for China’s Success and the World’s Unemployment


If an employer wants to maximize profits, it will want to leverage its use of high-priced energy sources.  From an employer’s point of view, there are basically three kinds of energy, from most to least expensive: Human energy Petroleum energy Everything … Continue reading

Posted in Energy policy, Financial Implications | Tagged , , , , , , , | 116 Comments