Gail Tverberg

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Why Oil Prices Can’t Rise Very High, For Very Long

Oil prices are now as high as they have been for three years. At this writing, Brent is $74.14 per barrel and West Texas Intermediate is at $68.76. These prices aren't really very high, if a person looks at the situation from a longer term point of view than the last three years. Figure 1. EIA ...

Gail Tverberg


Posted 1 month agoOpinion > oil priceGail TverbergBrent +4

Energy Return on Energy Invested – Prof. Charles Hall’s Comments

In my most recent post,  Why the Standard Model of Future Energy Supply Doesn't Work , I made some comments about the calculation of Energy Returned on Energy Invested. Professor Charles Hall sent me the following response to what I said, which he wanted to have published. I have a few follow-up co ...

Gail Tverberg


Posted 1 month agoOpinion > Gail TverbergEnergyEnergy Return +1

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 ground and the technology available for extraction. Prices are assu ...

Gail Tverberg


Posted 1 month agoOpinion > Energy SupplyEnergyOil +2

Researchers have been underestimating the cost of wind and solar

How should electricity from wind turbines and solar panels be evaluated? Should it be evaluated as if these devices are stand-alone devices? Or do these devices provide electricity that is of such low quality, because of its intermittency and other factors, that we should recognize the need for sup ...

Gail Tverberg


Posted 10 months agoOpinion > Gail TverbergOur Finite Worldwind power +1

The Next Financial Crisis Is Not Far Away

Recently, a Spanish group called “Ecologist in Action” asked me to give them a presentation on what kind of financial crisis we should expect. They wanted to know when it would be and how it would take place. The answer I had for the group is that we should expect financial collapse quite soon–per ...

Gail Tverberg


Posted 10 months agoOpinion > Our Finite WorldFinance
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