Tag Archives: low oil prices

The Problem of Debt as We Reach Oil Limits

Posted on February 11, 2015 by Gail Tverberg

(This is Part 3 of my series – A New Theory of Energy and the Economy. These are links to Part 1 and Part 2.) Many readers have asked me to explain debt. They also wonder, “Why can’t we just … Continue reading →

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Oil Price Slide – No Good Way Out

Posted on November 5, 2014 by Gail Tverberg

The world is in a dangerous place now. A large share of oil sellers need the revenue from oil sales. They have to continue producing, regardless of how low oil prices go unless they are stopped by bankruptcy, revolution, or … Continue reading →

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Low Oil Prices: Sign of a Debt Bubble Collapse, Leading to the End of Oil Supply?

Posted on September 21, 2014 by Gail Tverberg

Oil and other commodity prices have recently been dropping. Is this good news, or bad? I would argue that falling commodity prices are bad news. It likely means that the debt bubble which has been holding up the world economy … Continue reading →

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Energy and the Economy – Twelve Basic Principles

Posted on August 14, 2014 by Gail Tverberg

There is a standard view of energy and the economy that can briefly be summarized as follows: Economic growth can continue forever; we will learn to use less energy supplies; energy prices will rise; and the world will adapt. My … Continue reading →

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