Gail Tverberg is a writer and speaker about energy issues. She is especially known for her work with financial issues associated with peak oil. Prior to getting involved with energy issues, Ms. Tverberg worked as an actuarial consultant. This work involved performing insurance-related analyses and forecasts. Her personal blog is ourfiniteworld.com. She is also an editor of The Oil Drum.
A June 6, 2013, article from Reuters is titled, “Lawmakers in new drive to slash Iran’s oil sales to a trickle.” According to it,U.S. lawmakers…
The US Energy Information Administration recently released its report showing oil consumption by country updated through 2012. Based on this report, it appears that at…
The energy limit we are running into is a cost limit. I would argue that neither the Republican or Democrat approach to solving the problem…
They say that every cloud has a silver lining. If future energy consumption (which is mostly fossil fuel) drops because of a financial collapse brought…
Humans live in equilibrium with other species in a finite world. In such a world, there is never really a Steady State. Instead, there is…
We don’t usually think about it, but we live in a finite world. In other words, in theory we can count precisely how many atoms…
We have all heard the story about oil supply supposedly rising and falling for geological reasons. But what if the story is a little different…
We in the United States, the Euro-zone, and Japan are already past peak oil demand. Oil demand has to do with how much oil we…
Recently, I explained how high oil prices can bring on financial collapse for oil importers. In this post, I’ll discuss the flip side of the…
Resource limits are invisible, so most people don’t realize that we could possibly be approaching them. In fact, my analysis indicates resource limits are really…
Based on the sound of the name renewable, a person might think that using only “renewable” energy is ideal–something we should all strive to use…
Globalization seems to be looked on as an unmitigated “good” by economists. Unfortunately, economists seem to be guided by their badly flawed models; they miss…
In my view, wages are the backbone an economy. If workers have difficulty finding a job, or have difficulty earning sufficient wages, the lack of…
We are used to expecting that more investment will yield more output, but in the real world, things don’t always work out that way.Figure 1.…
United States oil consumption in 2012 will be about 4.7 million barrels a day, or 20%, lower than it would have been, if the pre-2005…
There is ample evidence that spikes in oil prices leads to recession, at least in the US, which is an oil-importing nation. James Hamilton has…
A person might think from looking at news reports that our oil problems are gone, but oil prices are still high.Figure 1. US crude oil…
We have been hearing a lot about escaping the fiscal cliff, but our problem isn’t solved. The fixes to date have been partial and temporary.…
A primary reason why coal consumption is rising is because of increased international trade, starting when the World Trade Organization was formed in 1995, and…
Most of us have heard that Thomas Malthus made a forecast in 1798 that the world would run short of food, and that great famine…