Item of General Interest
July 11. I recently received word that an article that I am a co-author on was accepted by the academic journal "Energy." The name of the article is "An Oil Production Forecast for China Considering Economic Limits." The article talks about the possibility that oil prices may not rise endlessly, and evaluates three future price scenarios. Under the "low" scenario, which is the under $50 per barrel scenario, oil production in China has already peaked.
Tag Archives: gasoline prices
Prof. James Hamilton of University of California recently wrote a post called Thresholds in the economic effects of oil prices. In it, he concludes As U.S. retail gasoline prices once again near $4.00 a gallon, does this pose a threat … Continue reading →
On June 20, I participated in a 45 minute Roundtable teleconference on the topic, “The Real Causes and Wider Macroeconomic Effects of High Gas Prices,” put on by an organization called Focus. The Moderator was Scott Albro from the Focus Research, … Continue reading →