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Tag Archives: energy demand
Today’s energy predicament is a strange situation that most modelers have never really considered. Let me explain some of the issues I see, using some charts.  It is probably not possible to reduce current energy consumption by 80% or … Continue reading
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