Gail Tverberg

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Low Oil Prices: An Indication of Major Problems Ahead?

Many people, including most Peak Oilers, expect that oil prices will rise endlessly. They expect rising oil prices because, over time, companies find it necessary to access more difficult-to-extract oil. Accessing such oil tends to be increasingly expensive because it tends to require the use of gr ...

Gail Tverberg


Posted 11 months agoOpinion > oil priceOur Finite WorldGail Tverberg +1

Our Finite World: Why We Get Bad Diagnoses for the World’s Energy-Economy Problems

The world economy seems to be seriously ill. The problem is not overly high oil prices, but that does not rule out energy as being a major underlying problem. Two of the symptoms of the economy's malaise are slow wage growth and increasing wage disparity. Tariffs are being added as solutions to th ...

Gail Tverberg


Posted 1 year agoOpinion > Our Finite WorldGail TverbergEnergy +4

Our Finite World: The World’s Fragile Economic Condition – Part 2

The world economy can appear to be operating quite well but can be hiding a major problem that causes it to be fragile. My presentation  The World's Fragile Economic Condition (PDF) explains why we should expect financial problems if energy consumption stops growing sufficiently rapidly. In fact ...

Gail Tverberg


Posted 1 year agoOpinion > Our Finite WorldGail Tverbergeconomy +3

Our Finite World: The World’s Fragile Economic Condition – Part 1

Posted on September 23, 2018 by Gail Tverberg Where is the world economy heading? In my opinion, a large portion of the story that we usually hear about how the world economy operates and the role energy plays is not really correct. In this post (to be continued in Part 2 in the ne ...

Gail Tverberg


Posted 1 year agoOpinion > Gail TverbergOur Finite WorldOil +3

How Energy Shortages Really Affect the Economy

Many people expect energy shortages to lead to high prices. This is based on their view of what “running out” of oil might do to the economy. In this post, I look at historical data surrounding inadequate energy supply. I also consider some of the physics associated with the situation. I see a str ...

Gail Tverberg


Posted 1 year agoOpinion > Our Finite WorldGail TverbergEnergy +6
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