Expect low oil prices in 2020; tendency toward recession
8 January 2020 | 6:46 pm

Energy Forecast for 2020 Overall, I expect that oil and other commodity prices will remain low in 2020. These low oil prices will adversely affect oil production and several other parts of the economy. As a result, a strong tendency … Continue reading

Scientific Models and Myths: What Is the Difference?
17 December 2019 | 9:29 pm

Most people seem to think, “The difference between models and myths is that models are scientific, and myths are the conjectures of primitive people who do not have access to scientific thinking and computers. With scientific models, we have moved … Continue reading

Recession Ahead: An Overview of Our Predicament
9 December 2019 | 1:56 am

Many people have the impression that recessions come from financial missteps, such as the US subprime loan fiasco. If energy is involved at all, the problem comes from high oil prices as supply becomes inadequate to meet demand. The real … Continue reading


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