Item of General Interest
See my page PDFs of Posts for a list of printable posts (without comments) since 2014. At the bottom of the Page, a list of PDFs of Presentations is also shown.
Tag Archives: peak oil
Low Oil Prices: An Indication of Major Problems Ahead?
Many people, including most Peak Oilers, expect that oil prices will rise endlessly. They expect rising oil prices because, over time, companies find it necessary to access more difficult-to-extract oil. Accessing such oil tends to be increasingly expensive because it … Continue reading
Posted in Financial Implications
Tagged affordability, collapse, economic collapse, low oil prices, peak oil
1,594 Comments
Why we get bad diagnoses for the world’s energy-economy problems
The world economy seems to be seriously ill. The problem is not overly high oil prices, but that does not rule out energy as being a major underlying problem. Two of the symptoms of the economy’s malaise are slow wage … Continue reading
Posted in Financial Implications
Tagged debt bubble, economic models, limits to growth, oil price, peak oil
2,136 Comments
How the Economy Works as It Reaches Energy Limits — An Introduction for Actuaries and Others
Why have long-term interest rates generally fallen since 1981? Why have asset prices risen? Can these trends be expected to continue? The standard evaluation approach by actuaries and economists seems to be to look at past patterns and assume that … Continue reading
Posted in Financial Implications
Tagged energy limits, low oil price, oil price, peak oil
1,963 Comments
Why the Standard Model of Future Energy Supply Doesn’t Work
The most prevalent view regarding future oil supply, as well as total energy supply, seems to be fairly closely related to that expressed by Peak Oilers. Future fossil fuel supply is assumed to be determined by the resources in the … Continue reading
Posted in Financial Implications
Tagged EROEI, EROI, high oil prices, low oil prices, peak oil
1,124 Comments
The Depression of the 1930s Was an Energy Crisis
Economists, including Ben Bernanke, give all kinds of reasons for the Great Depression of the 1930s. But what if the real reason for the Great Depression was an energy crisis? When I put together a chart of per capita energy … Continue reading
