Low Oil Prices: An Indication of Major Problems Ahead?
28 November 2018 | 7:46 pm

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 … Continue reading

Why we get bad diagnoses for the world’s energy-economy problems
7 November 2018 | 7:26 pm

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 … Continue reading

The World’s Fragile Economic Condition – Part 2
14 October 2018 | 9:35 pm

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 … Continue reading

The World’s Fragile Economic Condition – Part 1
24 September 2018 | 12:29 am

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 … Continue reading

Introduction to the “World’s Fragile Economic Condition”
16 September 2018 | 10:02 pm

I will be giving a presentation to a group of casualty actuaries on September 17 called “The World’s Fragile Economic Condition.” I plan to write up the presentation in two posts, one covering the first three of the six sections … Continue reading


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