Monthly Archives: June 2013

Energy Products: Return on Investment is Already Too Low

My major point when I gave my talk at the Fifth Biophysical Economics Conference at the University of Vermont was that our economy’s overall energy return on investment is already too low to maintain the economic system we are accustomed … Continue reading

Posted in Financial Implications | Tagged , , , , | 242 Comments

Additional Iranian Oil Sanctions May Be Counterproductive

A June 6, 2013, article from Reuters is titled, “Lawmakers in new drive to slash Iran’s oil sales to a trickle.” According to it, U.S. lawmakers are embarking this summer on a campaign to deal a deeper blow to Iran’s diminishing oil … Continue reading

Posted in News Related Post, Oil Policy | Tagged , , , | 278 Comments

High Oil Prices are Starting to Affect China and India

Update: Not long after I wrote this post, the EIA revised the oil consumption amounts by country that they had published a few days earlier. The numbers changed substantially for quite a few of the countries outside the US and Europe. … Continue reading

Posted in Financial Implications | Tagged , , , | 259 Comments