It is now 4 months since I wrote The Decline of the American Empire. The time is ripe for a follow-up. I will tell a sad story first, talk a little about our precarious banking system, and then relate the lessons learned back to my Decline theme. At the end I will talk about what all this means for the loosely structured peak oil “movement”.
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"Following is the last column that I wrote for World Oil. It was to have appeared in the November 2009 issue of the magazine. It was ready to send to the printer when John Royall, President and CEO of Gulf Publishing (the parent company of World Oil) pulled it at the last minute based partly, if not largely, on pressure from Petrohawk Energy, a major participant in the U.S. shale plays. Petrohawk does not deny that a top Read More
“Last year, when oil was at $145, that killed the global economy. I worry that oil is going to go up above $100 for reasons that have nothing to do with the fundamentals of supply and demand. Oil at $100 would have the same negative effects on the global economy as oil did at $145 [...]
All the world’s a stage, And all the men and women merely players They have their exits and their entrances And one man in his time plays many parts —Shakespeare The Read More
“Following is the last column that I wrote for World Oil. It was to have appeared in the November 2009 issue of the magazine. It was ready to Read More
“Last year, when oil was at $145, that killed the global economy. I worry that oil is going to go up above $100 for reasons that have nothing to do with Read More
“What’s going to happen in a world of triple digit oil prices is that air travel is going to go back to what it was in the ’60s or early ’70s, Read More
On October 20-21, the 30th Oil & Money Conference, convened in London by Energy Intelligence and the International Herald Tribune, attracted roughly 500 attendees, many from the industry press (most Read More
I think policy is currently quite accommodative. I think it can remain quite accommodative for a while to come —Ben Bernanke Delay Read More
Chris Nelder’s Notes on the 2009 ASPO-USA Peak Oil Conference Day 1 - Sunday, October 11, 2009 Charting a Sustainable Future (Session 1 of 2) - Panel Pat Murphy, Arthur Morgan Institute for Community Read More
