Tag Archives: high oil prices

Why oil prices can’t rise very high, for very long

Posted on April 19, 2018 by

Oil prices are now as high as they have been for three years. At this writing, Brent is $74.14 per barrel and West Texas Intermediate is at $68.76. These prices aren’t really very high, if a person looks at the … Continue reading →

Posted in Financial Implications | Tagged , , , | 591 Comments

Why the Standard Model of Future Energy Supply Doesn’t Work

Posted on April 4, 2018 by

The most prevalent view regarding future oil supply, as well as total energy supply, seems to be fairly closely related to that expressed by Peak Oilers. Future fossil fuel supply is assumed to be determined by the resources in the … Continue reading →

Posted in Financial Implications | Tagged , , , , | 1,124 Comments

A Video Game Analogy to Our Energy Predicament

Posted on November 28, 2017 by

The way the world economy is manipulated by world leaders is a little like a giant video game. The object of the game is to keep the world economy growing, without too many adverse consequences to particular members of the … Continue reading →

Posted in Financial Implications | Tagged , , , | 2,300 Comments

Our Oil Problems are Not Over!

Posted on October 2, 2013 by

If a person reads US newspapers, it is easy to get the impression that all of the world’s oil problems are over. But this is not really the case. An Overlooked Part of the Problem: High Oil Prices A major … Continue reading →

Posted in Book draft, Financial Implications | Tagged , , , , , | 247 Comments

High Oil Prices are Starting to Affect China and India

Posted on June 7, 2013 by

Update: Not long after I wrote this post, the EIA revised the oil consumption amounts by country that they had published a few days earlier. The numbers changed substantially for quite a few of the countries outside the US and Europe. … Continue reading →

Posted in Financial Implications | Tagged , , , | 259 Comments