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

IEA Oil Forecast Unrealistically High; Misses Diminishing Returns

The International Energy Agency (IEA) provides unrealistically high oil forecasts in its new 2012 World Energy Outlook (WEO). It claims, among other things, that the United States will become the world’s largest oil producer by around 2020, and North America will become … Continue reading

Posted in Energy policy, Financial Implications, News Related Post | Tagged EROEI, IEA, IMF, oil price, recession, shale oil, tight oil, US oil production, WEO 2012, World Energy Outlook | 174 Comments