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Recent Posts
- Ramping up wind turbines, solar panels and electric vehicles can’t solve our energy problem
- 2023: Expect a financial crash followed by major energy-related changes
- The economy is moving from a tailwind pushing it along to a headwind holding it back
- Today’s Energy Crisis Is Very Different from the Energy Crisis of 2005
- Why financial approaches won’t fix the world’s economic problems this time
- Ramping Up Renewables Can’t Provide Enough Heat Energy in Winter
- Why No Politician Is Willing to Tell Us the Real Energy Story
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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
The world’s self-organizing economy can be expected to act strangely, as energy supplies deplete
It is my view that when energy supply falls, it falls not because reserves “run out.” It falls because economies around the world cannot afford to purchase goods and services made with energy products and using energy products in their operation. It is really a price problem. . .
It is my expectation that these and other issues will lead to a very strangely behaving world economy in the months and years ahead. The world economy we know today is, in fact, a self-organizing system operating under the laws of physics. With less energy, it will start “coming apart.” World trade will increasingly falter. Fossil fuel prices will be volatile, but not necessarily very high.
Continue reading
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
