Item of General Interest
July 25. I received notice today that an article I helped write is available for free download for the next fifty days. The corrected free link for the article is "An Oil Production Forecast for China Considering Economic Limits." The article discusses the possibility that oil prices may not rise endlessly, and evaluates three future price scenarios. Under the "low" scenario (prices remain under $50 per barrel), oil production in China has already peaked.
Tag Archives: tight oil
US 2015 Oil Production and Future Oil Prices
Oil production can be confusing because there are various “pieces” that may or may not be included. In this analysis, I look at oil production of the United States broadly (including crude oil, natural gas plant liquids, and biofuels), because this … Continue reading
Posted in Financial Implications
Tagged low wages, oil price, oil production, tight oil, wage inequality, world debt
1,015 Comments
Our Oil Problems are Not Over!
If a person reads US newspapers, it is easy to get the impression that all of the world’s oil problems are over. But this is not really the case. An Overlooked Part of the Problem: High Oil Prices A major … Continue reading
Posted in Book draft, Financial Implications
Tagged energy return on energy invested, EROI, high oil prices, peak oil, recession, tight oil
247 Comments
Ten Reasons Why High Oil Prices are a Problem
A person might think from looking at news reports that our oil problems are gone, but oil prices are still high. In fact, the new “tight oil” sources of oil which are supposed to grow in supply are still expensive … Continue reading
Posted in Financial Implications
Tagged airlines, Food prices, oil prices, tight oil, unconventional oil
51 Comments
2013: Beginning of Long-Term Recession?
We have been hearing a lot about escaping the fiscal cliff, but our problem isn’t solved. The fixes to date have been partial and temporary. There are many painful decisions ahead. Based on what I can see, the most likely … Continue reading
Posted in Financial Implications, Food issues, Planning for the Future
Tagged debt default, economic growth, electricity demand, Food prices, forecast for 2013, government spending, high oil prices, oil exporter, oil importer, oil prices, oil shale, Peter Turchin, recession, renewable energy, Secular Cycles, Social Security, tight oil
158 Comments
