Tag Archives: oil demand

Why “supply and demand” doesn’t work for oil

Posted on November 23, 2015 by Gail Tverberg

The traditional understanding of supply and demand works in some limited cases–will a manufacturer make red dresses or blue dresses? The manufacturer’s choice doesn’t make much difference to the economic system as a whole, except perhaps in the amount of … Continue reading →

Posted in Financial Implications | Tagged , , , , , | 1,389 Comments

Low Oil Prices: Why Worry?

Posted on September 29, 2015 by Gail Tverberg

Most people believe that low oil prices are good for the United States, since the discretionary income of consumers will rise. There is the added benefit that Peak Oil must be far off in the distance, since “Peak Oilers” talked … Continue reading →

Posted in Financial Implications | Tagged , , , , , , | 1,093 Comments

Peak Oil Demand is Already a Huge Problem

Posted on April 11, 2013 by Gail Tverberg

We in the United States, the Euro-zone, and Japan are already past peak oil demand. Oil demand has to do with how much oil we can afford. Many of the developed nations are not able to outbid the developing nations … Continue reading →

Posted in Financial Implications, peak oil | Tagged , , , , , | 198 Comments

Will the decline in world oil supply be fast or slow?

Posted on April 11, 2011 by Gail Tverberg

I wrote a post last week called Steep oil decline or slow oil decline? Since writing it, I had some additional thoughts on the subject, on reasons to expect a steep decline rather than a slow decline. Furthermore, my article What’s behind … Continue reading →

Posted in Financial Implications, Oil and Its Future | Tagged , , , , | 37 Comments

This Week’s ‘This Week In Petroleum’ and Record Demand for Oil

Posted on December 10, 2010 by Gail Tverberg

This is a post by Dave Summers (also known as “Heading Out”). It was previously posted at Bit Tooth Energy. The EIA released their “This Week in Petroleum” report on Wednesday, December 8, with a graph of American demand over … Continue reading →

Posted in Oil and Its Future | Tagged , | 5 Comments