Tag Archives: coal prices

Reaching the end of offshored industrialization

Posted on May 21, 2024 by Gail Tverberg

Moving industrialization offshore can look like a good idea at first. But as fossil fuel energy supplies deplete, this strategy works less well. Countries doing the mining and manufacturing may be less interested in trading. Also, the broken supply lines of 2020 and 2021 showed that transferring major industries offshore could lead to empty shelves in stores, plus unhappy customers. Continue reading →

Posted in Energy policy, Financial Implications | Tagged , , , , | 2,112 Comments

Debunking ‘Lower Oil Supply Will Raise Prices’

Posted on August 22, 2019 by Gail Tverberg

We often hear the statement, “When oil supply is lower, oil prices will rise because of scarcity.” Now, we are getting to see firsthand whether oil prices really do rise, as oil supplies become more scarce. Figure 1 shows that … Continue reading →

Posted in Financial Implications | Tagged , , , , | 1,469 Comments

Energy limits: Why we see rising wealth disparity and low prices

Posted on July 6, 2016 by Gail Tverberg

Last week, I gave a fairly wide-ranging presentation at the 2016 Biophysical Economics Conference called Complexity: The Connection Between Fossil Fuel EROI, Human Energy EROI, and Debt (pdf). In this post, I discuss the portion of the talk that explains several … Continue reading →

Posted in Financial Implications | Tagged , , , , | 1,725 Comments