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: June 2015
BP Data Suggests We Are Reaching Peak Energy Demand
Some people talk about peak energy (or oil) supply. They expect high prices and more demand than supply. Other people talk about energy demand hitting a peak many years from now, perhaps when most of us have electric cars. Neither of … Continue reading
Why EIA, IEA, and BP Oil Forecasts are Too High
When forecasting how much oil will be available in future years, a standard approach seems to be the following: Figure out how much GDP growth the researcher hopes to have in the future. “Work backward” to see how much oil … Continue reading
Posted in Financial Implications, Oil and Its Future
Tagged debt defaults, low oil prices, low wages, oil forecasts, oil price, recession
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