• 3 minutes Could EVs Become Cheaper than ICE Cars by 2023?
  • 6 minutes Your idea of oil/gas prices next ten years
  • 12 minutes WTI Heading for $60
  • 1 hour Is California becoming a National Security Risk to the U.S.?
  • 9 hours Plastic Myth-Busters
  • 8 hours At U.N. climate talks, US Administration Plans Sideshow On Coal
  • 3 hours A Sane Take on Nord Stream 2
  • 10 hours Good Sign for US Farmers: Soybean Prices Signals US-China Trade Deal Progress
  • 4 hours I Believe I Can Fly: Proposed U.S. Space Force Budget Could Be Less Than $5 Billion
  • 17 hours Soybean sale to China down 94%
  • 9 hours UK Power and loss of power stations
  • 8 hours OPEC Builds Case For Oil Supply Cut
  • 16 hours what's up with NG?
  • 2 days WTI @ 69.33 headed for $70s - $80s end of August
  • 2 days Pros and Cons of Coal
  • 1 day Here We Go Again: EU Will Hit Back If U.S. Imposes Car Tariffs
Global Economy Throwing Up Red Flags For Oil

Global Economy Throwing Up Red Flags For Oil

Investors are feeling increasingly gloomy…

Stock Market Chaos Sparks Oil Selloff

Stock Market Chaos Sparks Oil Selloff

Global markets took a beating…

Finance / the Economy

The Clock Is Ticking On The U.S. Dollar As World’s Reserve Currency

The Clock Is Ticking On The U.S. Dollar As World’s Reserve Currency

Sep 21, 2015 at 16:02 | Henry Hewitt

The View From Hubbert’s PeakIn 1971, the American President put an end to a 2,500 year trend; the Wall Street Journal called it “Nixon’s Worst Weekend.” Considering the…

More To Ruble’s Collapse Than Meets The Eye

More To Ruble’s Collapse Than Meets The Eye

Dec 17, 2014 at 14:35 | Colin Chilcoat

The ruble is dying, and fast. In what is now being dubbed ‘Black Monday’ the ruble’s value to the dollar dropped nearly 15 percent. Tuesday brought no respite and the…

How Diminishing Returns and EROI can Lead to Economic Collapse

How Diminishing Returns and EROI can Lead to Economic Collapse

Dec 12, 2013 at 16:46 | Gail Tverberg

What do diminishing returns, energy return on energy invested (EROI or EROEI), and collapse have to do with each other? Let me start by explaining the connection between Diminishing…

Low Gasoline Prices Bring US Inflation Down to Four Year Low

Low Gasoline Prices Bring US Inflation Down to Four Year Low

Nov 21, 2013 at 16:57 | Ed Dolan

A big drop in gasoline prices brought the US inflation rate for October, as measured by year-on-year change in the consumer price index, to just 0.95 percent, its lowest level…

Why Rising Energy Costs are Responsible for Widespread Economic Recession

Why Rising Energy Costs are Responsible for Widespread Economic Recession

Oct 25, 2013 at 17:57 | Gail Tverberg

How does the world reach limits? This is a question that few dare to examine. My analysis suggests that these limits will come in a very different way than most…

World Bank: Russian Energy Strength is Economic Weakness

World Bank: Russian Energy Strength is Economic Weakness

Sep 25, 2013 at 19:16 | Daniel J. Graeber

The head of the World Bank in Russia said Wednesday he was alarmed by the slowdown in the Russian economy.  The bank said the Russian economy was slow to emerge…

Economic Forecasting in a Time of Diminishing Oil Supplies

Economic Forecasting in a Time of Diminishing Oil Supplies

Sep 23, 2013 at 18:27 | Gail Tverberg

What will the world economy be like ten years from now? Or fifty years from now? Is it something that we can forecast by looking at the past, assuming that…

Clean Energy Damaging Europe’s Competitiveness

Clean Energy Damaging Europe’s Competitiveness

Sep 12, 2013 at 18:48 | Global Risk Insights

For years Europe has been at the forefront of the renewable energy revolution, promoting and establishing global rules in this sector. There are signs however that this trend might change.

Lebanon’s Economy Faces Collapse

Lebanon’s Economy Faces Collapse

Sep 06, 2013 at 16:23 | Editorial Dept

Bottom Line: Lebanon’s economy faces collapse, and foreign bidders on potentially lucrative offshore oil and blocks are about to be disappointed as the conflict in Syria feeds a political stalemate…

Energy Return on Investment is too Low to Maintain Current Economic System

Energy Return on Investment is too Low to Maintain Current Economic System

Jun 27, 2013 at 16:59 | Gail Tverberg

My major point when I gave my talk at the Fifth Biophysical Economics Conference at the University of Vermont was that our economy’s overall energy return on investment is already…

Oilprice - The No. 1 Source for Oil & Energy News