Item of General Interest
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Tag Archives: OPEC oil
Our Energy and Debt Predicament in 2019
Many people are concerned that we have an oil problem. Or they are concerned about recession and the need to lower interest rates. As I see the situation, we have a problem of a networked economy that is not functioning … Continue reading
Posted in Financial Implications
Tagged economic growth, interest rates, oil prices, OPEC oil, recession
181 Comments
Debunking ‘Lower Oil Supply Will Raise Prices’
We often hear the statement, “When oil supply is lower, oil prices will rise because of scarcity.” Now, we are getting to see firsthand whether oil prices really do rise, as oil supplies become more scarce. Figure 1 shows that … Continue reading
Posted in Financial Implications
Tagged coal prices, energy demand, oil prices, OPEC oil, wage disparity
1,469 Comments
