Tag Archives: Food prices

The world has a major crude oil problem; expect conflict ahead

Posted on April 21, 2022 by Gail Tverberg

World crude oil production has been falling behind needed levels since 2019. This problem, by itself, encourages the world economy to contract in unexpected ways, including in the form of economic lockdowns and aggression between countries. This crude oil shortfall seems likely to become greater in the years ahead, pushing the world economy toward conflict and the elimination of inefficient players. Continue reading →

Posted in Financial Implications, oil shortages | Tagged , , , | 4,255 Comments

Ten Reasons Why High Oil Prices are a Problem

Posted on January 17, 2013 by Gail Tverberg

A person might think from looking at news reports that our oil problems are gone, but oil prices are still high. In fact, the new “tight oil” sources of oil which are supposed to grow in supply are still expensive … Continue reading →

Posted in Financial Implications | Tagged , , , , | 51 Comments

2013: Beginning of Long-Term Recession?

Posted on January 6, 2013 by Gail Tverberg

We have been hearing a lot about escaping the fiscal cliff, but our problem isn’t solved. The fixes to date have been partial and temporary. There are many painful decisions ahead. Based on what I can see, the most likely … Continue reading →

Posted in Financial Implications, Food issues, Planning for the Future | Tagged , , , , , , , , , , , , , , , , | 158 Comments

High-Priced Fuel Syndrome

Posted on September 26, 2012 by Gail Tverberg

Governments and economists around the world have not figured out that what the world economy is suffering from, to varying degrees, is “high-priced fuel syndrome“. High-priced fuel syndrome has a number of symptoms: Slow economic growth, or contraction People in … Continue reading →

Posted in Book draft, Financial Implications, Introductory Post | Tagged , , , , , | 192 Comments

Planning for Higher Food and Energy Prices, and their Wider Impacts

Posted on June 7, 2011 by Gail Tverberg

Over the years, we have become accustomed to a rising standard of living. One of things that has helped this happen is a gradually declining ratio of food costs to total personal expenditures. Energy costs have not followed as clear … Continue reading →

Posted in Financial Implications, Planning for the Future | Tagged , , | 27 Comments