Gail Tverberg

The world is presently sharing a limited supply of oil. When oil prices rise, oil production doesn’t rise very much, if at all.Figure 1. Brent oil spot price and world oil supply (broadly...

Rising oil and gasoline prices are of concern to many people today. I see three basic issues involved:“Stalled out” growth in world oil supplyConcerns about IranArtificially low interest...

Why Oil Prices are So HighAt this point, supply and demand is not working well to increase world oil supply. Even if the price of oil rises, world oil production doesn’t increase by very...

There are seven billion people on earth now. I originally thought that the primary reason for the recent human population explosion was that fossil fuels enabled a larger food supply and better...

On January 26, Bloomberg Businessweek printed an editorial by Charles Kenny titled, “Everything You Know About Peak Oil Is Wrong”. This editorial reflects several common...

Our economy runs on oil. Most of the tractors used for growing food run on oil. Nearly all of today’s cars and trucks run on oil. It is popular to talk about changing to some other fuel, but the...

In a recent post, I talked about why we may be reaching Limits to Growth of the type foretold in the 1972 book 'Limits to Growth.' I would like to explain some additional reasons now.Figure 1. Base...

The world has many ideas for solving our energy shortfall, but they all seem to involve investment:    Drill for more oil and gas;    Develop alternative energy...