Tag Archives: peak oil

China and US Trade Talks: A Solution for Oil Shortages?

President Trump of the US and President Xi of China will be meeting in Beijing on May 14-15. This meeting would seem to be the perfect time to start reorganizing the world with shorter trade routes, so that the world economy uses less fuel for transportation. Continue reading

Posted in Energy policy, News Related Post, Oil and Its Future, oil shortages | Tagged , , , | 1,094 Comments

What has gone wrong with the economy? Can it be fixed?

I don’t believe that the situation is hopeless. At the end, I discuss where we are now, relative to historical patterns, and some reasons to be optimistic about the future. Continue reading

Posted in Energy policy, Financial Implications, oil shortages | Tagged , , , | 1,621 Comments

Why oil prices don’t rise to consistently high levels

The supply and demand model of economists suggests that oil prices might rise to consistently high levels, but this has not happened yet: In my view, the economists’ model of supply and demand is overly simple; its usefulness is limited … Continue reading

Posted in Energy policy, Financial Implications | Tagged , , | 1,589 Comments

Advanced Economies Are Being Pushed Toward Financial Collapse

The US and many other Advanced Economies are likely heading into a worse and longer lasting financial crisis than the 2008 crisis, starting as soon as this summer. The problem will likely not start out as a full financial collapse. Instead, various leveraged borrowers will encounter difficulties. Gradually, the finances and very structures of many government organizations are likely to be threatened. Continue reading

Posted in Financial Implications, News Related Post, peak oil | Tagged , , , , | 1,987 Comments

Southeast Asia can perhaps avoid the worst impacts of inadequate oil supply

Southeast Asia’s warm, wet climate is helpful, as is its supply of coal, particularly in Indonesia. Many of the people in this part of the world are used to living in cramped quarters–three generations in a large one-room home, for example. Abundant forests provide a renewable source of energy. Religious traditions help provide order. Continue reading

Posted in Planning for the Future | Tagged , | 1,673 Comments