Tag Archives: oil price

The Fed Cannot Fix Today’s Energy Inflation Problem

Posted on April 5, 2023 by Gail Tverberg

I expect that the rich countries of the world, including the US, Europe, and Japan, are in line to be adversely affected by high interest rates this time. With their high levels of complexity, they are among the most vulnerable to disruption when there is not enough oil to go around.
The problem I see is that rich countries expect to maintain service economies that are fed by huge streams of manufactured goods and raw materials from poorer countries. This pattern appears unsustainable to me, in a world with falling exports because of energy problems.
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Posted in Financial Implications, News Related Post, oil shortages | Tagged , , , , | 4,007 Comments

Where Energy Modeling Goes Wrong

Posted on February 3, 2021 by Gail Tverberg

There are a huge number of people doing energy modeling. In my opinion, nearly all of them are going astray in their modeling because they don’t understand how the economy really operates. The modeling that comes closest to being correct … Continue reading →

Posted in Financial Implications | Tagged , , , , | 3,331 Comments

2021: More troubles likely

Posted on January 12, 2021 by Gail Tverberg

Most people expect that the economy of 2021 will be an improvement from 2020. I don’t think so. Perhaps COVID-19 will be somewhat better, but other aspects of the economy will likely be worse. Continue reading →

Posted in Financial Implications | Tagged , , , | 3,373 Comments

Today’s Energy Predicament – A Look at Some Charts

Posted on September 1, 2020 by Gail Tverberg

Today’s energy predicament is a strange situation that most modelers have never really considered. Let me explain some of the issues I see, using some charts. [1] It is probably not possible to reduce current energy consumption by 80% or … Continue reading →

Posted in Financial Implications, Introductory Post | Tagged , , , | 2,368 Comments

Easily overlooked issues regarding COVID-19

Posted on February 18, 2020 by Gail Tverberg

We read a lot in the news about the new Wuhan coronavirus and the illness it causes (COVID-19), but some important points often get left out. [1] COVID-19 is incredibly contagious. COVID-19 transmits extremely easily from person to person. Interpersonal … Continue reading →

Posted in Financial Implications | Tagged , , , , | 2,589 Comments