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Tag Archives: low oil price
Putting the Real Story of Energy and the Economy Together
What is the real story of energy and the economy? We hear two predominant energy stories. One is the story economists tell: The economy can grow forever; energy shortages will have no impact on the economy. We can simply substitute … Continue reading
Posted in Financial Implications
Tagged commodity prices, debt levels, diminishing returns, low oil price, oil price
486 Comments
A new theory of energy and the economy – Part 1 – Generating economic growth
How does the economy really work? In my view, there are many erroneous theories in published literature. I have been investigating this topic and have come to the conclusion that both energy and debt play an extremely important role in … Continue reading
Oil and the Economy: Where are We Headed in 2015-16?
The price of oil is down. How should we expect the economy to perform in 2015 and 2016? Newspapers in the United States seem to emphasize the positive aspects of the drop in prices. I have written Ten Reasons Why High … Continue reading
Ten Reasons Why a Severe Drop in Oil Prices is a Problem
Not long ago, I wrote Ten Reasons Why High Oil Prices are a Problem. If high oil prices can be a problem, how can low oil prices also be a problem? In particular, how can the steep drop in oil … Continue reading
Posted in Financial Implications
Tagged crude exports, debt default, employment, LNG exports, low oil price, oil exporters, shale oil
1,055 Comments
Eight Pieces of Our Oil Price Predicament
A person might think that oil prices would be fairly stable. Prices would set themselves at a level that would be high enough for the majority of producers, so that in total producers would provide enough–but not too much–oil for … Continue reading
Posted in Financial Implications
Tagged Libya, low oil price, OPEC, recession, Saudi Arabia
791 Comments
