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Stumbling Blocks to Figuring Out the Real Oil Limits Story 13 Aug 2013 | 09:45 pm
The story of oil limits is one that crosses many disciplines. It is not an easy one to understand. Most of those who are writing about peak oil come from hard sciences such as geology, chemistry, and ...
Oil Limits Reduce GDP Growth; Unwinding QE a Problem 3 Aug 2013 | 06:42 am
We know the world economic pattern we have been used to in years past–world population grows, resource usage grows (including energy resources), and debt increases. The economy grows fast enough that ...
Energy and the Economy–Basic Principles and Feedback Loops 23 Jul 2013 | 06:17 am
Does a fish know that its nose is wet? Probably not. It swims in water, and assumes that is the only way any animal lives. We live in an economic world. Economic models that were developed years ago ...
Inflation, Deflation, or Discontinuity? 2 Jul 2013 | 08:23 am
A question that seems to come up quite often is, “Are we going to have inflation or deflation?” People want to figure out how to invest. Because of this, they want to know whether to expect a rise in ...
Energy Products: Return on Investment is Already Too Low 25 Jun 2013 | 08:55 am
My major point when I gave my talk at the Fifth Biophysical Economics Conference at the University of Vermont was that our economy’s overall energy return on investment is already too low to maintain ...
Additional Iranian Oil Sanctions May Be Counterproductive 17 Jun 2013 | 07:02 pm
A June 6, 2013, article from Reuters is titled, “Lawmakers in new drive to slash Iran’s oil sales to a trickle.” According to it, U.S. lawmakers are embarking this summer on a campaign to deal a deepe...
High Oil Prices are Starting to Affect China and India 7 Jun 2013 | 08:43 pm
The US Energy Information Administration recently released its report showing oil consumption by country updated through 2012. Based on this report, it appears that at current high oil prices, demand ...
Energy limits: Is there anything we can do? 31 May 2013 | 08:53 am
The energy limit we are running into is a cost limit. I would argue that neither the Republican or Democrat approach to solving the problem will really work. The Republicans favor “Drill Baby Drill”. ...
Oil Limits and Climate Change 24 May 2013 | 07:19 am
They say that every cloud has a silver lining. If future energy consumption (which is mostly fossil fuel) drops because of a financial collapse brought on by high oil prices and other limits, then, at...
What Would it Take to Get to a Steady State Economy? 16 May 2013 | 09:41 am
Humans live in equilibrium with other species in a finite world. In such a world, there is never really a Steady State. Instead, there is a constant ebb and flow. For a while, one species may be domi...
