Category Archives: Financial Implications

Why oil prices can’t rise very high, for very long

Posted on April 19, 2018 by

Oil prices are now as high as they have been for three years. At this writing, Brent is $74.14 per barrel and West Texas Intermediate is at $68.76. These prices aren’t really very high, if a person looks at the … Continue reading →

Posted in Financial Implications | Tagged , , , | 297 Comments

Why the Standard Model of Future Energy Supply Doesn’t Work

Posted on April 4, 2018 by

The most prevalent view regarding future oil supply, as well as total energy supply, seems to be fairly closely related to that expressed by Peak Oilers. Future fossil fuel supply is assumed to be determined by the resources in the … Continue reading →

Posted in Financial Implications | Tagged , , , , | 1,123 Comments

Our Latest Oil Predicament

Posted on March 13, 2018 by

It is impossible to tell the whole oil story, but perhaps I can offer a few insights regarding where we are today. [1] We already seem to be back to the falling oil prices and refilling storage tanks scenario. US crude oil … Continue reading →

Posted in Financial Implications | Tagged , , , , | 2,023 Comments

Raising Interest Rates Is Like Starting a Fission Chain Reaction

Posted on February 21, 2018 by

Central bankers seem to think that adjusting interest rates is a nice little tool that they can easily handle. The problem is that higher interest rates affect the economy in many ways simultaneously. The lessons that seem to have been … Continue reading →

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Nine Reasons Why Globalization Can’t Be Permanent

Posted on January 31, 2018 by

Since the late 1990s, globalization has seemed to be the great hope for the future. Now this great hope seems to be dimming. Globalization sets up conflict in the area of jobs. Countries around the world compete for development and jobs. … Continue reading →

Posted in Financial Implications | Tagged , , , , | 2,343 Comments