Tag Archives: oil supply

Will the World Economy Continue to “Roll Along” in 2018?

Posted on January 9, 2018 by

Once upon a time, we worried about oil and other energy. Now, a song from 1930 seems to be appropriate: Today, we have a surplus of oil, which we are trying to use up. That never happened before, or did … Continue reading →

Posted in Financial Implications | Tagged , , , , | 2,782 Comments

Falling Interest Rates Have Postponed “Peak Oil”

Posted on June 12, 2017 by

Falling interest rates have huge power. My background is as an actuary, so I am very much aware of the great power of interest rates. But a lot of people are not aware of this power, including, I suspect, some … Continue reading →

Posted in Financial Implications | Tagged , , , | 2,733 Comments

Why oil under $30 per barrel is a major problem

Posted on January 19, 2016 by

A person often reads that low oil prices–for example, $30 per barrel oil prices–will stimulate the economy, and the economy will soon bounce back. What is wrong with this story? A lot of things, as I see it: 1. Oil … Continue reading →

Posted in Financial Implications | Tagged , , , , | 2,298 Comments

The oil glut and low prices reflect an affordability problem

Posted on March 9, 2015 by

For a long time, there has been a belief that the decline in oil supply will come by way of high oil prices. Demand will exceed supply. It seems to me that this view is backward–the decline in supply will … Continue reading →

Posted in Financial Implications | Tagged , , , | 602 Comments

Eight Energy Myths Explained

Posted on April 23, 2014 by

Republicans, Democrats, and environmentalists all have favorite energy myths. Even Peak Oil believers have favorite energy myths. The following are a few common mis-beliefs,  coming from a variety of energy perspectives. I will start with a recent myth, and then … Continue reading →

Posted in Alternatives to Oil, Energy policy | Tagged , , , , , | 561 Comments