Tag Archives: oil prices

World Oil Production at 3/31/2014–Where are We Headed?

The standard way to make forecasts of almost anything is to look at recent trends and assume that this trend will continue, at least for the next several years. With world oil production, the trend in oil production looks fairly … Continue reading

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Reasons for our Energy Predicament – An Overview

Quiz: What will cause world oil supply to fall? Too little oil in the ground Oil prices are too low for oil producers Oil prices are too high for oil consumers leading to recession, debt defaults, and ultimately a cut … Continue reading

Posted in Financial Implications, Introductory Post | Tagged , , , , , , | 434 Comments

Limits to Growth–At our doorstep, but not recognized

How long can economic growth continue in a finite world? This is the question the 1972 book The Limits to Growth by Donella Meadows and others sought to answer. The computer models that the team of researchers produced strongly suggested … Continue reading

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The Real Oil Extraction Limit, and How It Affects the Downslope

There is a lot of confusion about which limit we are reaching with respect to oil supply. There seems to be a huge amount of “reserves,” and oil production seems to be increasing right now, so people can’t imagine that … Continue reading

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Rising Energy Costs Lead to Recession; Eventually Collapse

How does the world reach limits? This is a question that few dare to examine. My analysis suggests that these limits will come in a very different way than most have expected–through financial stress that ultimately relates to rising unit … Continue reading

Posted in Financial Implications | Tagged , , , , , | 606 Comments