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- Losing the Iran War May Be the Best Outcome for the World
- A New Explanation for Tariffs and Bombings
- Understanding Deglobalization: The Role of Diesel and Jet Fuel
- 2026: Expect a very uneven world economic downturn
- Too many promises; too few future physical goods
- A lack of very cheap oil is leading to debt problems
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Tag Archives: natural gas
True sustainability solutions
We live in a world with very limited solutions to our sustainability problems. I often hear the view, “If we would just get off fossil fuels, then our society would be sustainable.” Or, “If the price of oil would just … Continue reading
Posted in Planning for the Future
Tagged CO2, CO2 emissions, ecology, fossil fuels, natural gas, petroleum, solar PV, sustainability, wind turbines
119 Comments
Why US natural gas prices are so low – Are changes needed?
US natural gas prices are at record lows–about where they were in 1976, and at the low points in the 1990s, in today’s dollars (Figure 1). There are several reasons why US natural gas prices are so low: Our pricing … Continue reading
Why High Oil Prices Are Now Affecting Europe More Than the US
The world is presently sharing a limited supply of oil. When oil prices rise, oil production doesn’t rise very much, if at all. The issues then become: Which buyers get the oil? What uses get priced out of the market? … Continue reading
Posted in Financial Implications
Tagged Brent, debt defaults, diesel, Europe, Eurozone, fossil fuel, gasoline, imported oil, natural gas, oil, oil prices, peak oil, petroleum, recession, West Texas Intermediate, WTI
75 Comments
Natural Gas: The Squeeze at the Bottom of the Resource Triangle
Theoretically, we have a very large amount of resources of many kinds available–oil, natural gas, coal, uranium, gold, fresh water. There is a relatively small amount of high quality, inexpensive-to-extract resources, and we tend to extract those first. From there, … Continue reading
