 |
Louisiana Light • 2 days | 74.87 | +3.05 | +4.25% | ||
|
Bonny Light • 23 hours | 78.10 | +2.42 | +3.20% | ||
|
Opec Basket • 2 days | 75.01 | +0.41 | +0.55% | ||
|
Mars US • 6 hours | 71.20 | -0.46 | -0.64% | ||
|
Gasoline • 41 mins | 2.718 | +0.006 | +0.22% |
|
Bonny Light • 23 hours | 78.10 | +2.42 | +3.20% | ||
|
Girassol • 23 hours | 78.52 | +2.19 | +2.87% | ||
|
Opec Basket • 2 days | 75.01 | +0.41 | +0.55% |
|
Peace Sour • 22 hours | 67.06 | +3.55 | +5.59% | ||
|
Light Sour Blend • 22 hours | 68.36 | +3.55 | +5.48% | ||
|
Syncrude Sweet Premium • 22 hours | 77.31 | +3.55 | +4.81% | ||
|
Central Alberta • 22 hours | 66.66 | +3.55 | +5.63% |
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Eagle Ford • 2 days | 69.29 | +3.55 | +5.40% | ||
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Oklahoma Sweet • 2 days | 69.25 | +3.75 | +5.73% | ||
|
Kansas Common • 28 days | 64.52 | +0.64 | +1.00% | ||
|
Buena Vista • 5 days | 75.42 | -1.20 | -1.57% |
Gail Tverberg
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.
Latest articles from Gail
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GDP Growth must Slow as Oil Limits are Reached
We know the world economic pattern we have been used to in years past–world population grows, resource usage grows (including energy resources), and debt increases.…
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Energy and the Economy – Basic Principles and Feedback Loops
Does a fish know that its nose is wet? Probably not. It swims in water, and assumes that is the only way any animal lives.We…
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Why Deflation will Cause Oil Production to Slow
A question that seems to come up quite often is, “Are we going to have inflation or deflation?” People want to figure out how to…
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Energy Return on Investment is too Low to Maintain Current Economic System
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…
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Why Further Sanctions Against Iran will be Counterproductive
A June 6, 2013, article from Reuters is titled, “Lawmakers in new drive to slash Iran’s oil sales to a trickle.” According to it,U.S. lawmakers…
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Oil Demand in China and India Falling – Proof Prices are Too High!
The US Energy Information Administration recently released its report showing oil consumption by country updated through 2012. Based on this report, it appears that at…
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Rising Costs are Putting Limits on Energy Production
The energy limit we are running into is a cost limit. I would argue that neither the Republican or Democrat approach to solving the problem…
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Future Energy Consumption Could Fall Due to Financial Collapse
They say that every cloud has a silver lining. If future energy consumption (which is mostly fossil fuel) drops because of a financial collapse brought…
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Do Humans and Energy have the Same Relationship as Predators and Prey?
Humans live in equilibrium with other species in a finite world. In such a world, there is never really a Steady State. Instead, there is…
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What Limits Population Growth in a Finite World?
We don’t usually think about it, but we live in a finite world. In other words, in theory we can count precisely how many atoms…
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Peak Oil: An Issue of Economics not Geology
We have all heard the story about oil supply supposedly rising and falling for geological reasons. But what if the story is a little different…
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Developed Nations have Already Passed Peak Oil Demand
We in the United States, the Euro-zone, and Japan are already past peak oil demand. Oil demand has to do with how much oil we…
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Oil Exporters Must be Wary of Dependence on Oil Revenues
Recently, I explained how high oil prices can bring on financial collapse for oil importers. In this post, I’ll discuss the flip side of the…
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Forget Peak Oil, Worry About Financial Limits
Resource limits are invisible, so most people don’t realize that we could possibly be approaching them. In fact, my analysis indicates resource limits are really…
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The Darker Side of Renewable Energy
Based on the sound of the name renewable, a person might think that using only “renewable” energy is ideal–something we should all strive to use…
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12 Negative Aspects of Globalization
Globalization seems to be looked on as an unmitigated “good” by economists. Unfortunately, economists seem to be guided by their badly flawed models; they miss…
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How Low Wages can Lead to High Oil Prices
In my view, wages are the backbone an economy. If workers have difficulty finding a job, or have difficulty earning sufficient wages, the lack of…
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Our Investment Sinkhole Problem
We are used to expecting that more investment will yield more output, but in the real world, things don’t always work out that way.Figure 1.…
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Why has US Oil Consumption Steadily Fallen since 2004?
United States oil consumption in 2012 will be about 4.7 million barrels a day, or 20%, lower than it would have been, if the pre-2005…
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How High Oil Prices Lead to Recession
There is ample evidence that spikes in oil prices leads to recession, at least in the US, which is an oil-importing nation. James Hamilton has…
