Creative Commons License
Creative Commons License
Tag Archives: diesel
Today’s energy bottleneck may bring down major governments
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 diesel, dissipative structure, green energy, jet fuel
2,851 Comments
How High Oil Prices Lead to Recession
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 asphalt, diesel, gasoline, government deficits, high oil prices, hydrocracking, jet fuel, oil prices, recession
85 Comments
Why High Oil Prices Are Now Affecting Europe More Than the US
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 Brent, debt defaults, diesel, Europe, Eurozone, fossil fuel, gasoline, imported oil, natural gas, oil, oil prices, peak oil, petroleum, recession, West Texas Intermediate, WTI
75 Comments
