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Category Archives: Introductory Post
Today’s Energy Predicament – A Look at Some Charts
Today’s energy predicament is a strange situation that most modelers have never really considered. Let me explain some of the issues I see, using some charts. [1] It is probably not possible to reduce current energy consumption by 80% or … Continue reading
Posted in Financial Implications, Introductory Post
Tagged energy demand, low oil price, oil price, peak oil
2,368 Comments
The World’s Fragile Economic Condition – Part 1
Where is the world economy heading? In my opinion, a large portion of the story that we usually hear about how the world economy operates and the role energy plays is not really correct. In this post (to be continued … Continue reading
The Approaching US Energy-Economic Crisis
I was recently asked to give a talk called, “The Approaching US Energy-Economic Crisis.” In other words, how might the United States encounter problems that lead to a crisis? As we will see, many of the problems that could lead to … Continue reading
Oops! Low oil prices are related to a debt bubble
Why is the price of oil so low now? In fact, why are all commodity prices so low? I see the problem as being an affordability issue that has been hidden by a growing debt bubble. As this debt bubble has … Continue reading
Why Standard Economic Models Don’t Work–Our Economy is a Network
The story of energy and the economy seems to be an obvious common sense one: some sources of energy are becoming scarce or overly polluting, so we need to develop new ones. The new ones may be more expensive, but … Continue reading
Posted in Financial Implications, Introductory Post
Tagged collapse, economic models, networked systems, oil price, oil substitution, peak oil
967 Comments
