Will water ever be worth more than oil?
Cape Town, in South Africa, has been declared a natural disaster. Nature has declared that the world’s supply of water is fixed. As a means of keeping humanity alive, it Continue Reading
EROEI: A Useful Measure Or A Distraction?
EROEI = Usable Acquired Energy / Energy Expended It seems so simple. If the amount of energy produced relative to the amount of energy utilized in producing that energy tends Continue Reading
Dr. Charles Hall: The Laws Of Nature Trump Economics
Dr. Charles Hall may not be a name you instantly recognize, but it should be. Now a Professor Emeritus of the College of Environmental Science and Forestry, Dr. Hall is Continue Reading
As Oil Price Increases, Does Employment Follow?
Crude oil prices and rig counts are rising in the US and many are wondering how this will affect industry employment. As the oil and gas industry welcomed higher crude Continue Reading
How The Fed Could Hammer Oil Producers
A rising interest rate cycle. A trend that has only been accentuated by the Federal Reserve’s aggressive plans to accelerate interest rate hikes and ongoing concerns over an impending major Continue Reading
Gail Tverberg: Raising Interest Rates Is Like Starting a Fission Chain Reaction
Central bankers seem to think that adjusting interest rates is a nice little tool that they can easily handle. The problem is that higher interest rates affect the economy in Continue Reading
Every One of the World’s Big Economies Is Now Growing
A decade after the world descended into a devastating economic crisis, a key marker of revival has finally been achieved. Every major economy on earth is expanding at once, a Continue Reading
Oil prices pressured by slip in U.S. GDP
With the U.S. president touting his nation’s economy, crude oil prices wavered around even amid a weaker GDP and new support Friday for the greenback. Speaking at the World Economic Continue Reading
Beijing wins battle for blue skies — but the poor are paying a price
One year ago, China’s capital city was in the grip of suffocating and potentially fatal smog that made life a misery and breathing downright dangerous. This month, the air in Continue Reading
Is A “Geopolitical Recession” Looming?
Eurasia Group’s Ian Bremmer says that 2018 is “by far the greatest geopolitical risk environment that we’ve ever seen” and that this could be the year where the international community Continue Reading