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Gail Tverberg

Gail Tverberg

Our Finite World

Contributor since: 29 Sep 2011


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 She is also an editor of The Oil Drum.

Latest articles from Gail

  • The Peak Oil Story We Have Been Told Is Wrong

    Published 29 September 2015 | viewed 9,261 times

    Most people believe that low oil prices are good for the United States, since the discretionary income of consumers will rise. There is the added…

  • Our Energy Problem Could Lead To A Major Debt Crisis

    Published 16 September 2015 | viewed 4,405 times

    Usually, we don’t stop to think about how the whole economy works together. A major reason is that we have been lacking data to see…

  • We Could See An Economic Collapse As Debt Defaults Pile Up

    Published 29 August 2015 | viewed 7,701 times

    Both the stock market and oil prices have been plunging. Is this “just another cycle,” or is it something much worse? I think it is…

  • ‘Net Energy’ Deficit Preventing Economic Growth

    Published 12 August 2015 | viewed 2,801 times

    We all know generally how today’s economy works:Figure 1 Our economy is a networked system. I have illustrated it as being similar to a child’s…

  • 9 Reasons Why We Should Be More Worried About Low Oil Prices

    Published 24 July 2015 | viewed 11,390 times

    Why are commodity prices, including oil prices, lagging? Ultimately, the question comes back to, “Why isn’t the world economy making very many of the end…

  • BP Data Suggests We Are Reaching Peak Energy Demand

    Published 24 June 2015 | viewed 3,051 times

    Some people talk about peak energy (or oil) supply. They expect high prices and more demand than supply. Other people talk about energy demand hitting…

  • Why EIA, IEA, And BP Oil Forecasts Are Too High

    Published 10 June 2015 | viewed 4,556 times

    When forecasting how much oil will be available in future years, a standard approach seems to be the following:1. Figure out how much GDP growth…

  • The “Upside Down” Peak Oil Story

    Published 07 May 2015 | viewed 6,220 times

    The Wall Street Journal recently ran an article called, Glut of Capital and Labor Challenge Policy Makers: Global oversupply extends beyond commodities, elevating deflation risk.…

  • Why It Won’t Matter If Oil Prices Rebound

    Published 15 April 2015 | viewed 11,072 times

    What is the real story of energy and the economy? We hear two predominant energy stories. One is the story economists tell: The economy can…

  • The Real Problem Behind Low Oil Prices

    Published 13 March 2015 | viewed 11,276 times

    For a long time, there has been a belief that the decline in oil supply will come by way of high oil prices. Demand will…

  • Oil Limits Could Undermine Our Entire Economic System

    Published 16 February 2015 | viewed 5,149 times

    Many readers have asked me to explain debt. They also wonder, “Why can’t we just cancel debt and start over?” if we are reaching oil…

  • How The Economy Is Tied To Energy – Part 2

    Published 05 February 2015 | viewed 5,732 times

    In Part 1 of this series, I talked about why cheap fuels act to create economic growth. In this post, we will look at some…

  • How The Economy Is Tied To Energy

    Published 28 January 2015 | viewed 6,697 times

    How does the economy really work? In my view, there are many erroneous theories in published literature. I have been investigating this topic and have…

  • Current Oil Crisis More Dangerous Than You Think

    Published 08 January 2015 | viewed 39,118 times

    The price of oil is down. How should we expect the economy to perform in 2015 and 2016? Newspapers in the United States seem to…

  • Economic Inefficiency Means Low Oil Prices Are Here To Stay

    Published 31 December 2014 | viewed 10,253 times

    Since about 2001, several sectors of the economy have become increasingly inefficient, in the sense that it takes more resources to produce a given output,…

  • Ten Reasons Why A Sustained Drop In Oil Prices Could Be Catastrophic

    Published 08 December 2014 | viewed 46,139 times

    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…

  • The Cold, Hard Truth About Renewables

    Published 19 November 2014 | viewed 7,359 times

    Does the recent climate accord between US and China mean that many countries will now forge ahead with renewables and other green solutions? I think…

  • Oil Price Slide - The Real Problem

    Published 06 November 2014 | viewed 18,445 times

    The world is in a dangerous place now. A large share of oil sellers need the revenue from oil sales. They have to continue producing,…

  • 8 Reasons For Our Oil Price Predicament

    Published 23 October 2014 | viewed 9,341 times

    A person might think that oil prices would be fairly stable. Prices would set themselves at a level that would be high enough for the…

  • Why Peak Oil Predictions Haven’t Come To Pass

    Published 09 October 2014 | viewed 6,877 times

    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…

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