Gail Tverberg

Latest articles from Gail

• The Global Economic System is Reaching Its Limits

  Published 20 April 2024 | viewed 5,847 times

  There are many myths about energy and the economy. In this post I explore the situation surrounding some of these myths. My analysis strongly suggests…

• Developed Economies Could Stagnate As Fossil Fuels Reach Their Limits

  Published 18 March 2024 | viewed 6,220 times

  Historical data show that to date, a reduction in energy availability has mostly affected the US, European countries, Japan, and other advanced economies. I expect…

• Looking at the Pros and Cons of Biden’s Decision To Halt LNG Exports

  Published 21 February 2024 | viewed 5,026 times

  In the US, companies that want to build liquefied natural gas (LNG) export terminals need to get advance approval for their plans from the US…

• 10 Reasons Why the World Can’t Run Without Fossil Fuels

  Published 15 February 2024 | viewed 6,654 times

  It is now popular to talk about leaving fossil fuels to prevent climate change. Pretty much the same result occurs if we run short of…

• 2024 Will Be a Critical Year for the Global Economic System

  Published 29 January 2024 | viewed 2,915 times

  We know that the age of peak performance for humans varies, depending upon the activity. Peak performance for an athlete tends to come between ages…

• How Today’s Energy Bottlenecks Could Bring Down Major Governments

  Published 31 October 2023 | viewed 4,109 times

  Recently, I explained the key role played by diesel and jet fuel. In this post, I try to explain the energy bottleneck the world is facing because…

• India's Advantage In The Global Energy Squeeze

  Published 30 September 2023 | viewed 2,997 times

  I was recently asked to be a keynote speaker for World Management Conference (WMC 2023) in Patna, India. The academic group that asked me to speak was…

• A World Running On Empty: The Decline Of Fossil Fuel Supply

  Published 01 September 2023 | viewed 24,655 times

  For many years, there has been a theory that imports of oil would become a problem before there was an overall shortage of fossil fuels.…

• The Looming Oil Crisis The World Is Ignoring

  Published 10 August 2023 | viewed 34,822 times

  It has recently become clear to me that heavy oil, which is needed to produce diesel and jet fuel, plays a far more significant role…

• How Inadequate Energy Supply Is Disrupting The World Economy

  Published 04 July 2023 | viewed 4,818 times

  A common belief is that if the world does not have adequate energy, the result will be high prices. These high prices will allow more…

• Understanding The Economic Realities Behind Wind And Solar Energy

  Published 05 June 2023 | viewed 5,802 times

  A major reason for the growth in the use of renewable energy is the fact that if a person looks at them narrowly enough–such as…

• The Very Bumpy Path Ahead For The Global Economy

  Published 08 May 2023 | viewed 3,700 times

  In the post-World War II era, the US has been known for its hegemony–in other words, its leadership role in the world economy. According to one…

• There’s No Quick Fix For Our Energy Inflation Problem

  Published 06 April 2023 | viewed 1,962 times

  There is a reason for raising interest rates to try to fight inflation. This approach tends to squeeze out the most marginal players in the…

• The Global Energy Squeeze Is Riskier Than We Thought

  Published 08 March 2023 | viewed 5,400 times

  Most people have a simple, but wrong, idea about how the world economy will respond to “not enough energy to go around.” They expect that…

• The Fatal Flaw Of The Renewable Revolution

  Published 10 February 2023 | viewed 36,347 times

  Many people believe that installing more wind turbines and solar panels and manufacturing more electric vehicles can solve our energy problem, but I don’t agree…

• 2023: Expect A Financial Crash And Major Changes In Global Energy Markets

  Published 10 January 2023 | viewed 28,590 times

  Why is the economy headed for a financial crash? It appears to me that the world economy hit Limits to Growth about 2018 because of…

• The Global Economy Is Finally Realizing That Fossil Fuels Are Finite

  Published 20 December 2022 | viewed 23,542 times

  The problem is hitting limits in the extraction of fossil fuels We know that historically, many economies around the world have collapsed. We also know…

• Today’s Energy Crisis Is Unlike Anything We’ve Ever Seen Before

  Published 18 November 2022 | viewed 25,984 times

  Back in 2005, the world economy was “humming along.” World growth in energy consumption per capita was rising at 2.3% per year in the 2001…

• The World’s Economy Needs Fossil Fuels To Thrive

  Published 19 October 2022 | viewed 9,191 times

  Time and time again, financial approaches have worked to fix economic problems. Raising interest rates has acted to slow the economy and lowering them has…

• Ramping Up Renewables Won’t Save The World From A Cold Winter

  Published 22 September 2022 | viewed 9,518 times

  We usually don’t think about the wonderful service fossil fuels provide in terms of being a store of heat energy for winter, the time when…