Tag Archives: energy supply

Supplemental energy puts humans in charge

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

Posted in Financial Implications | Tagged energy supply, fossil fuels, oil prices, population growth, thermodynamically open system | 2,426 Comments

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

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

Posted in Financial Implications | Tagged Depression, economic growth, energy supply, oil prices, oil supply | 2,782 Comments

What Greece, Cyprus, and Puerto Rico Have in Common

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

Posted in Financial Implications | Tagged Cyprus, Debt, energy supply, Greece, Greek debt, oil price, Puerto Rico | 1,257 Comments

Eight Energy Myths Explained

Republicans, Democrats, and environmentalists all have favorite energy myths. Even Peak Oil believers have favorite energy myths. The following are a few common mis-beliefs,  coming from a variety of energy perspectives. I will start with a recent myth, and then … Continue reading

Posted in Alternatives to Oil, Energy policy | Tagged energy substitution, energy supply, oil shortage, oil supply, population growth, renewable energy | 561 Comments

Reasons for our Energy Predicament – An Overview

Quiz: What will cause world oil supply to fall? Too little oil in the ground Oil prices are too low for oil producers Oil prices are too high for oil consumers leading to recession, debt defaults, and ultimately a cut … Continue reading

Posted in Financial Implications, Introductory Post | Tagged Debt, economic growth, energy supply, M. King Hubbert, oil prices, oil supply, recession | 434 Comments