Tag Archives: oil demand

Why oil prices don’t rise to consistently high levels

Posted on August 19, 2025 by Gail Tverberg

The supply and demand model of economists suggests that oil prices might rise to consistently high levels, but this has not happened yet: In my view, the economists’ model of supply and demand is overly simple; its usefulness is limited … Continue reading →

Posted in Energy policy, Financial Implications | Tagged , , | 1,589 Comments

Why stimulus can’t fix our energy problems

Posted on July 10, 2019 by Gail Tverberg

Economists tell us that within the economy there is a lot of substitutability, and they are correct. However, there are a couple of not-so-minor details that they overlook: There is no substitute for energy. It is possible to harness energy … Continue reading →

Posted in Financial Implications | Tagged , , , , | 880 Comments

Our Latest Oil Predicament

Posted on March 13, 2018 by Gail Tverberg

It is impossible to tell the whole oil story, but perhaps I can offer a few insights regarding where we are today. [1] We already seem to be back to the falling oil prices and refilling storage tanks scenario. US crude oil … Continue reading →

Posted in Financial Implications | Tagged , , , , | 2,023 Comments

$50 Oil Doesn’t Work

Posted on May 31, 2016 by Gail Tverberg

$50 per barrel oil is clearly less impossible to live with than $30 per barrel oil, because most businesses cannot make a profit with $30 per barrel oil. But is $50 per barrel oil helpful? I would argue that it … Continue reading →

Posted in Financial Implications | Tagged , , | 1,650 Comments

The real oil limits story; what other researchers missed

Posted on May 12, 2016 by Gail Tverberg

For a long time, a common assumption has been that the world will eventually “run out” of oil and other non-renewable resources. Instead, we seem to be running into surpluses and low prices. What is going on that was missed … Continue reading →

Posted in Financial Implications | Tagged , , , , , , | 1,243 Comments