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 ourfiniteworld.com. She is also an editor of The Oil Drum.
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…
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…
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…
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…
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…
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…
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.…
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…
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…
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…
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 is a reason for raising interest rates to try to fight inflation. This approach tends to squeeze out the most marginal players in the…
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…
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…
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 problem is hitting limits in the extraction of fossil fuels We know that historically, many economies around the world have collapsed. We also know…
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…
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…
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…
No politician wants to tell us the real story of fossil fuel depletion. The real story is that we are already running short of oil,…