Item of General Interest
July 25. I received notice today that an article I helped write is available for free download for the next fifty days. The corrected free link for the article is "An Oil Production Forecast for China Considering Economic Limits." The article discusses the possibility that oil prices may not rise endlessly, and evaluates three future price scenarios. Under the "low" scenario (prices remain under $50 per barrel), oil production in China has already peaked.
Tag Archives: Food prices
Ten Reasons Why High Oil Prices are a Problem
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 airlines, Food prices, oil prices, tight oil, unconventional oil
51 Comments
2013: Beginning of Long-Term Recession?
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 debt default, economic growth, electricity demand, Food prices, forecast for 2013, government spending, high oil prices, oil exporter, oil importer, oil prices, oil shale, Peter Turchin, recession, renewable energy, Secular Cycles, Social Security, tight oil
158 Comments
High-Priced Fuel Syndrome
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 debt defaults, economic growth, Food prices, high oil price, oil price, recession
192 Comments
Planning for Higher Food and Energy Prices, and their Wider Impacts
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 employment, Food prices, oil prices
27 Comments
