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Recent Posts
- Fossil Fuel Imports Are Already Constrained
- Our Oil Predicament Explained: Heavy Oil and the Diesel Fuel it Provides Are Key
- The World Economy Is Becoming Unglued; Models Miss Real-World Behavior
- Models Hide the Shortcomings of Wind and Solar
- The bumpy road ahead for the world economy
- The Fed Cannot Fix Today’s Energy Inflation Problem
- When the Economy Gets Squeezed by Too Little Energy
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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: Hubbert
An Economic Theory of Limited Oil Supply
We seem to hear two versions of the story of limited oil supply: 1. The economists’ view, saying that the issue is a simple problem of supply and demand. Substitution, higher prices, demand destruction, greater efficiency, and increased production of … Continue reading
Posted in Financial Implications, Oil and Its Future
Tagged Hubbert, M. King Hubbert, oil prices, oil supply, peak oil
156 Comments
Steep oil decline or slow oil decline?
Someone wrote asking the following question: Dear Gail, I have been reading quite a bit about peak oil recently. I get the impression (not based on data) that at some point there will be a quite steep decline in oil … Continue reading
Posted in Financial Implications, Oil and Its Future
Tagged EROEI, EROI, fossil fuels, Hubbert, Hubbert Curve, Liebig's Law of the Minimum
25 Comments