Tag Archives: energy supply

The bumpy road ahead for the world economy

Posted on May 4, 2023 by Gail Tverberg

The path ahead looks very bumpy. The US is likely to be kicked out of its role as global hegemon. Rival countries may choose to attack the US with nuclear weapons, or the US may lash out with nuclear weapons as it sees its hegemony fail. Continue reading →

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Is it possible that the world is approaching end times?

Posted on December 3, 2021 by Gail Tverberg

It is disturbing to think that we may be living near the end of the world economy, but there is an upside to this situation. We have had the opportunity to live at a time with more conveniences than any other civilization. We can appreciate the many conveniences we have.

We also have the opportunity to decide how we want to live the rest of our lives. We have been led for many years down the path of believing that economic growth will last forever; all we need to do is have faith in the government and our educational institutions. If we figure out that this really isn’t the path to follow, we can change course now. If we want to choose a more spiritual approach, this is a choice we can still make. Continue reading →

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Supplemental energy puts humans in charge

Posted on August 2, 2018 by Gail Tverberg

Energy is a subject that is greatly misunderstood. Its role in our lives is truly amazing. We humans are able to live and move because of the energy that we get from food. We count this energy in calories. Green … Continue reading →

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Will the World Economy Continue to “Roll Along” in 2018?

Posted on January 9, 2018 by Gail Tverberg

Once upon a time, we worried about oil and other energy. Now, a song from 1930 seems to be appropriate: Today, we have a surplus of oil, which we are trying to use up. That never happened before, or did … Continue reading →

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What Greece, Cyprus, and Puerto Rico Have in Common

Posted on July 8, 2015 by Gail Tverberg

We all know one thing that Greece, Cyprus, and Puerto Rico have in common–severe financial problems. There is something else that they have in common–a high proportion of their energy use is from oil. Figure 1 shows the ratio of … Continue reading →

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