Item of General Interest
Oct. 23 . A new interview by Chris Martenson is now up. He calls it Why There's No Economically Sustainable Price for Oil Anymore.
Monthly Archives: October 2014
Eight Pieces of Our Oil Price Predicament
A person might think that oil prices would be fairly stable. Prices would set themselves at a level that would be high enough for the majority of producers, so that in total producers would provide enough–but not too much–oil for … Continue reading
Posted in Financial Implications
Tagged Libya, low oil price, OPEC, recession, Saudi Arabia
791 Comments
WSJ Gets it Wrong on “Why Peak Oil Predictions Haven’t Come True”
On Monday, September 29, the Wall Street Journal (WSJ) published a story called “Why Peak Oil Predictions Haven’t Come True.” The story is written as if there are only two possible outcomes: The Peak Oil version of what to expect … Continue reading
Posted in Financial Implications
Tagged economic growth, great recession, networked economy, peak oil, recession
1,114 Comments
