Item of General Interest
See my page PDFs of Posts for a list of printable posts (without comments) since 2014. At the bottom of the Page, a list of PDFs of Presentations is also shown.
Category Archives: Financial Implications
Have We Already Passed World Peak Oil and World Peak Coal?
Most people expect that our signal of an impending reduction in world oil or coal production will be high prices. Looking at historical data (for example, this post and this post), this is precisely the opposite of the correct price … Continue reading
How the Peak Oil story could be “close,” but not quite right
A few years ago, especially in the 2005-2008 period, many people were concerned that the oil supply would run out. They were concerned about high oil prices and a possible need for rationing. The story was often called “Peak Oil.” Peak … Continue reading
Posted in Financial Implications
Tagged EROEI, EROI, limits to growth, M. King Hubbert, oil prices, peak oil
1,605 Comments
2019: World Economy Is Reaching Growth Limits; Expect Low Oil Prices, Financial Turbulence
Financial markets have been behaving in a very turbulent manner in the last couple of months. The issue, as I see it, is that the world economy is gradually changing from a growth mode to a mode of shrinkage. This … Continue reading
Posted in Financial Implications
Tagged limits to growth, low oil prices, oil prices, recession
2,080 Comments
Electricity won’t save us from our oil problems
Almost everyone seems to believe that our energy problems are primarily oil-related. Electricity will save us. I recently gave a talk to a group of IEEE electricity researchers (primarily engineers) about the current energy situation and how welcoming it is for … Continue reading
Posted in Financial Implications
Tagged electricity, globalization, oil prices, renewable energy, wind energy
2,042 Comments
Low Oil Prices: An Indication of Major Problems Ahead?
Many people, including most Peak Oilers, expect that oil prices will rise endlessly. They expect rising oil prices because, over time, companies find it necessary to access more difficult-to-extract oil. Accessing such oil tends to be increasingly expensive because it … Continue reading
Posted in Financial Implications
Tagged affordability, collapse, economic collapse, low oil prices, peak oil
1,594 Comments
