Gail Tverberg

Not long ago, I wrote ten reasons why high oil prices are a problem. If high oil prices can be a problem, how can low oil prices also be a problem? In particular, how can the steep drop in oil...

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...

Oil and other commodity prices have recently been dropping. Is this good news, or bad?Figure 1. Trend in Commodity Prices since January 2011. Brent spot oil price from EIA; Australian Coal from...

On August 6, I wrote a post called Making Sense of the US Oil Story, in which I looked at US oil. In this post, I would like to look at other sources of US energy. Of course, the energy source we hear...

There is a standard view of energy and the economy that can briefly be summarized as follows: Economic growth can continue forever; we will learn to use less energy supplies; energy prices will rise;...

In today’s world, we have a huge amount of debt outstanding. Academic researchers Carmen Reinhart and Kenneth Rogoff have become famous for their book This Time is Different: Eight Centuries of...

Republicans, Democrats, and environmentalists all have favorite energy myths. Even Peak Oil believers have favorite energy myths. The following are a few common mis-beliefs,  coming from a...

We hear a lot about climate change, especially now that the Intergovernmental Panel on Climate Change (IPCC) has recently published another report. At the same time, oil is reaching limits, and this...

Quiz:1. How much natural gas is the United States currently extracting? (a) Barely enough to meet its own needs (b) Enough to allow lots of exports (c) Enough to allow a bit of exports...

The two big stories of our day are:(1) Our economic problems: The inability of economies to grow as rapidly as they would like, add as many jobs as they would like, and raise the standards of living...