Item of General Interest
Oct. 23 . A new interview by Chris Martenson is now up. He calls it Why There's No Economically Sustainable Price for Oil Anymore.
Tag Archives: peak oil
2017: The Year When the World Economy Starts Coming Apart
Some people would argue that 2016 was the year that the world economy started to come apart, with the passage of Brexit and the election of Donald Trump. Whether or not the “coming apart” process started in 2016, in my … Continue reading
Posted in Financial Implications
Tagged economic collapse, low oil prices, oil prices, peak coal, peak oil, world GDP
1,607 Comments
How Researchers Could Miss the Real Energy Story
I have been telling a fairly different energy story from most energy researchers. How could I possibly be correct? What have other researchers been missing? The “standard” approach is to start from the amount of resources that we have of … Continue reading
Posted in Financial Implications
Tagged energy research, EROEI, King Hubbert, low oil price, oil price, peak oil
1,836 Comments
An Updated Version of the “Peak Oil” Story
The Peak Oil story got some things right. Back in 1998, Colin Campbell and Jean Laherrère wrote an article published in Scientific American called, “The End of Cheap Oil.” In it they said: Our analysis of the discovery and production of oil … Continue reading
Posted in Financial Implications
Tagged Conventional oil, oil glut, peak oil, recession, resource limits, unconventional oil
1,968 Comments
The real oil limits story; what other researchers missed
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 EROEI, Harold Hotelling, M. King Hubbert, oil demand, oil limits, oil price, peak oil
1,243 Comments
Our economic growth system is reaching limits in a strange way
Economic growth never seems to be as high as those making forecasts would like it to be. This is a record of recent forecasts by the International Monetary Fund: Figure 2 shows world economic growth on a different basis–a basis … Continue reading
Posted in Financial Implications
Tagged economic growth, entropy, peak oil, renewable energy, slow economic growth
1,136 Comments
