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Recent Posts
- Why Oil Shortages May Bring Lower Prices–and Recession
- China and US Trade Talks: A Solution for Oil Shortages?
- Losing the Iran War May Be the Best Outcome for the World
- A New Explanation for Tariffs and Bombings
- Understanding Deglobalization: The Role of Diesel and Jet Fuel
- 2026: Expect a very uneven world economic downturn
- Too many promises; too few future physical goods
- A lack of very cheap oil is leading to debt problems
- What has gone wrong with the economy? Can it be fixed?
- Sierra Club talk that may be of interest
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Category Archives: News Related Post
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 →
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Posted in News Related Post, Oil Policy
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Tagged Iran oil, Iran oil exports, Iran oil sanctions, reserve currency
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278 Comments
Age of Limits Conference – May 23-27, 2013
I want to mention a conference that I will be speaking at over Memorial Day weekend near Artemas, Pennsylvania, called the Age of Limits Conference. The conference is one of the few that deals directly with the issues we are … Continue reading →
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Understanding Our Oil-Related Fiscal Cliff
The United States’ fiscal cliff is very much related to several changes we have been going through recently, and will likely continue to experience: High oil prices (more than triple their level ten years ago). High oil prices cause people … Continue reading →
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Posted in Energy policy, Financial Implications, News Related Post
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Tagged federal taxes, fiscal cliff, health care, high oil prices, income taxes, oil prices, oil supply, recession, taxes
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157 Comments
IEA Oil Forecast Unrealistically High; Misses Diminishing Returns
The International Energy Agency (IEA) provides unrealistically high oil forecasts in its new 2012 World Energy Outlook (WEO). It claims, among other things, that the United States will become the world’s largest oil producer by around 2020, and North America will become … Continue reading →
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Posted in Energy policy, Financial Implications, News Related Post
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Tagged EROEI, IEA, IMF, oil price, recession, shale oil, tight oil, US oil production, WEO 2012, World Energy Outlook
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174 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 →
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Posted in Financial Implications, News Related Post
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Tagged gasoline prices, James Hamilton, miles per gallon, oil price, stimulus
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111 Comments
