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Recent Posts
- Why raising interest rates to reduce inflation may work out very badly
- A Few Insights Based on CDC Data Regarding COVID and its Vaccines
- Is the debt bubble supporting the world economy in danger of collapsing?
- The world has a major crude oil problem; expect conflict ahead
- No one will win in the Russia-Ukraine conflict
- Russia’s attack on Ukraine represents a demand for a new world order
- Limits to Green Energy Are Becoming Much Clearer
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Academic Articles
- An analysis of China's coal supply and its impact on China's future economic growth
- An Oil Production Forecast for China Considering Economic Limits
- Analysis of resource potential for China's unconventional gas and forecast for its long-term production growth
- China's unconventional oil: A review of its resources and outlook for long-term production
- Financial Issues Affecting Energy Security
- Oil Supply Limits and the Continuing Financial Crisis
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Tag Archives: high oil prices
Spike in energy prices suggests that sharp changes are ahead
Now, through several iterations, the economy has become increasingly complex, with less and less redundancy to provide stability. The energy price spike that is being experienced today is a warning that something is very, very wrong. As I see the situation, the trend toward complexity has gone too far; the economic system is starting to break down. Sharp changes appear to be ahead. The world economy is shifting into contraction mode, with more and more parts of the system failing. Continue reading
Posted in Financial Implications
Tagged collapse, complexity, economic models, high oil prices, Seneca cliff, stability
4,474 Comments
How the World’s Energy Problem Has Been Hidden
We now live in a strange world filled with half-truths, not too different from the world of the 1930s. US newspapers leave out the many stories that could be written about rising food insecurity around the world, and even in the US. We see more reports of conflicts among countries and increasing gaps between the rich and the poor, but no one explains that such changes are to be expected when energy consumption per capita starts falling too low. Continue reading
Posted in Financial Implications
Tagged high oil prices, low oil prices, media reporting, water scarcity
3,735 Comments
The World’s Fragile Economic Condition – Part 1
Where is the world economy heading? In my opinion, a large portion of the story that we usually hear about how the world economy operates and the role energy plays is not really correct. In this post (to be continued … Continue reading
How energy shortages really affect the economy
Many people expect energy shortages to lead to high prices. This is based on their view of what “running out” of oil might do to the economy. In this post, I look at historical data surrounding inadequate energy supply. I … Continue reading
Posted in Financial Implications
Tagged debt bubble, high oil prices, oil prices, wage disparity, World War I
1,989 Comments