Item of General Interest
July 11. I recently received word that an article that I am a co-author on was accepted by the academic journal "Energy." The name of the article is "An Oil Production Forecast for China Considering Economic Limits." The article talks about the possibility that oil prices may not rise endlessly, and evaluates three future price scenarios. Under the "low" scenario, which is the under $50 per barrel scenario, oil production in China has already peaked.
Monthly Archives: March 2011
This is a guest post by Ugo Bardi. This post previously appeared at his English language blog, Casandra’s Legacy. Joseph Tainter’s interpretation of the cause of the collapse of civilisations is that social structures generate negative returns when they become … Continue reading
This is a guest post by Dr. Gary Peters, retired geography professor and author of Population Geography. The growth of the human population cannot continue forever—there is a limit to our numbers, even if we cannot specify what that limit … Continue reading
I want to bring to the attention of readers a recent paper by James Hamilton, called Historical Oil Shocks (also here as a National Bureau of Economic Research Working Paper). The paper seems to suggest an amazingly close connection between … Continue reading