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Tag Archives: employment
Ten Reasons Why a Severe Drop in Oil Prices is a Problem
Not long ago, I wrote Ten Reasons Why High Oil Prices are a Problem. If high oil prices can be a problem, how can low oil prices also be a problem? In particular, how can the steep drop in oil … Continue reading
Posted in Financial Implications
Tagged crude exports, debt default, employment, LNG exports, low oil price, oil exporters, shale oil
1,055 Comments
The Connection of Depressed Wages to High Oil Prices and Limits to Growth
In my view, wages are the backbone an economy. If workers have difficulty finding a job, or have difficulty earning sufficient wages, the lack of wages will be a problem, not just for the workers, but for governments and businesses. … Continue reading
Posted in Financial Implications
Tagged employment, high oil prices, limits to growth, per capita wages, wages
138 Comments
Energy Leveraging: An Explanation for China’s Success and the World’s Unemployment
If an employer wants to maximize profits, it will want to leverage its use of high-priced energy sources. From an employer’s point of view, there are basically three kinds of energy, from most to least expensive: Human energy Petroleum energy Everything … Continue reading
Posted in Energy policy, Financial Implications
Tagged China, employment, energy, fossil fuels, oil, oil prices, recession, unemployment
116 Comments
Renewables Are Overrated, We Need Cheap Oil – Interview with Gail Tverberg
This article originally appeared at Oilprice.com. What does our world’s energy future look like? Does renewable energy feature as much in the energy production mix as many hope it will? Will natural gas and fracking help reduce our dependence upon … Continue reading
The Close Tie Between Energy Consumption, Employment, and Recession
The number of jobs available to job-seekers has been a problem for quite a long tine now—since 2000 in the United States, and longer than that in Europe. If we look at the percentage of the US population who are … Continue reading
