Tag Archives: oil price

Reaching financial limits–What kinds of solutions are available?

Posted on August 7, 2012 by

We live in a finite world. At this point, we seem to be reaching limits in several different areas: Cheap oil. Our economy runs on cheap oil, but there is a limit to the amount of cheap oil that can … Continue reading →

Posted in Financial Implications, Planning for the Future | Tagged , , , , , , , , | 152 Comments

Lower Oil Prices–Not a Good Sign!

Posted on June 28, 2012 by

Are lower oil prices good news? Not really, if it means the world is sinking into recession. We know from recent past experience and from common sense that higher oil prices are a drag on oil importing economies, since if … Continue reading →

Posted in Financial Implications, News Related Post | Tagged , , , , , , | 30 Comments

Can we expect the economy to keep growing?

Posted on April 26, 2012 by

If we read the financial pages, economic growth seems to be viewed as the “normal” situation to which economies inevitably return. But is it really? If we look back over the past 50 years, or even over the past 100 … Continue reading →

Posted in Book draft, Financial Implications | Tagged , , , , | 124 Comments

Why oil prices are so high: Production shortfall, Iran concerns, and low interest rates

Posted on February 26, 2012 by

Rising oil and gasoline prices are of concern to many people today. I see three basic issues involved: “Stalled out” growth in world oil supply Concerns about Iran Artificially low interest rates Stalled Out Oil Supply Leads to Five Million … Continue reading →

Posted in News Related Post | Tagged , , , , , , , , , | 97 Comments

Businessweek Gets it Wrong—Everything You Know About Peak Oil is ‘Not’ Wrong

Posted on February 6, 2012 by

On January 26, Bloomberg Businessweek printed an editorial by Charles Kenny titled, “Everything You Know About Peak Oil Is Wrong”. This editorial reflects several common misunderstandings. According to Kenny: Titled Limits to Growth, their report suggested the world was heading … Continue reading →

Posted in Financial Implications, News Related Post | Tagged , , , , , , , , , , | 139 Comments