Category Archives: Financial Implications

Renewables Are Overrated, We Need Cheap Oil – Interview with Gail Tverberg

This article originally appeared at Oilprice.com. What does our world’s energy future look like? Does renewable energy feature as much in the energy production mix as many hope it will? Will natural gas and fracking help reduce our dependence upon … Continue reading →

Posted in Energy policy, Financial Implications, Oil and Its Future | Tagged , , , , , , , , | 137 Comments

Can an Economy Learn to Live with Increasingly High Oil Prices?

Prof. James Hamilton of University of California recently wrote a post called Thresholds in the economic effects of oil prices. In it, he concludes As U.S. retail gasoline prices once again near $4.00 a gallon, does this pose a threat … Continue reading →

Posted in Financial Implications, News Related Post | Tagged , , , , | 111 Comments

High-Priced Fuel Syndrome

Governments and economists around the world have not figured out that what the world economy is suffering from, to varying degrees, is “high-priced fuel syndrome“. High-priced fuel syndrome has a number of symptoms: Slow economic growth, or contraction People in … Continue reading →

Posted in Book draft, Financial Implications, Introductory Post | Tagged , , , , , | 192 Comments

The Close Tie Between Energy Consumption, Employment, and Recession

The number of jobs available to job-seekers has been a problem for quite a long tine now—since 2000 in the United States, and longer than that in Europe. If we look at the percentage of the US population who are … Continue reading →

Posted in Book draft, Energy policy, Financial Implications, Introductory Post | Tagged , , , , , , , , , | 70 Comments

How Energy Shapes the Economy

In the beginning, the Master Economist created the Economy.  He created businesses large and small, consumers, governments with their regulation, and financial institutions of all types. And the Master Economist declared that the economy should grow. And it did grow, … Continue reading →

Posted in Book draft, Financial Implications, Introductory Post | Tagged , , , , , , | 68 Comments