Item of General Interest
July 11. I recently received word that an article that I am a co-author on was accepted by the academic journal "Energy." The name of the article is "An Oil Production Forecast for China Considering Economic Limits." The article talks about the possibility that oil prices may not rise endlessly, and evaluates three future price scenarios. Under the "low" scenario, which is the under $50 per barrel scenario, oil production in China has already peaked.
Category Archives: Planning for the Future
Oil limits seem to be pushing us toward a permanent downturn, including a crash in credit availability, loss of jobs, and even possible government collapse. In this process, we are likely to lose access to both fossil fuels and grid … Continue reading
The energy limit we are running into is a cost limit. I would argue that neither the Republican or Democrat approach to solving the problem will really work. The Republicans favor “Drill Baby Drill”. If the issue is that the … Continue reading
I have written in recent posts that oil limits are more complex than what many have imagined. They aren’t just a lack of a liquid fuel; they are inability to compete in a global economy that is based on use … Continue reading
Resource limits are invisible, so most people don’t realize that we could possibility be approaching them. In fact, my analysis indicates resource limits are really financial limits, and in fact, we seem to be approaching those limits right now. Many analysts … Continue reading