Tag Archives: diesel

Losing the Iran War May Be the Best Outcome for the World

Posted on April 2, 2026 by Gail Tverberg

At this point, the world economy needs to make a major transition in order to deal with the inadequate level of fuels available for long-distance transportation.
It is ironic that the world economy cannot make a change such as this without a war to focus our attention in this direction. Continue reading →

Posted in Energy policy, Financial Implications, News Related Post | Tagged , , | 2,598 Comments

Energy limits are forcing the economy to contract

Posted on March 4, 2025 by Gail Tverberg

My analysis indicates that our expectation of what goes wrong with inadequate energy supplies is wrong. Strangely enough, it is the finances of governments that start to fail, early on. They add too much debt to support investments that do not pay back well. They add too many programs that they cannot be supported for the long term. Continue reading →

Posted in Financial Implications, News Related Post | Tagged , , , | 1,771 Comments

Today’s energy bottleneck may bring down major governments

Posted on October 25, 2023 by Gail Tverberg

In this post, I try to explain the energy bottleneck the world is facing because of an inadequate supply of diesel and jet fuel, and the effects such a bottleneck may have. The world’s self-organizing economy tends to squeeze out what it considers non-essential parts when bottlenecks are hit. Strangely, it appears to me that some central governments may be squeezed out. Continue reading →

Posted in Financial Implications | Tagged , , , | 2,851 Comments

How High Oil Prices Lead to Recession

Posted on January 24, 2013 by Gail Tverberg

There is ample evidence that spikes in oil prices leads to recession, at least in the US, which is an oil-importing nation. James Hamilton has shown that 10 out of the last 11 US recessions were associated with oil price … Continue reading →

Posted in Financial Implications | Tagged , , , , , , , , | 85 Comments

Why High Oil Prices Are Now Affecting Europe More Than the US

Posted on March 5, 2012 by Gail Tverberg

The world is presently sharing a limited supply of oil. When oil prices rise, oil production doesn’t rise very much, if at all. The issues then become: Which buyers get the oil? What uses get priced out of the market? … Continue reading →

Posted in Financial Implications | Tagged , , , , , , , , , , , , , , , | 75 Comments