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Gail Tverberg

Our Finite World

Contributor since: 29 Sep 2011

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

  • 12 Negative Aspects of Globalization

    Published 02 March 2013 | viewed 1,235,036 times

    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…

  • How Low Wages can Lead to High Oil Prices

    Published 19 February 2013 | viewed 8,023 times

    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…

  • Our Investment Sinkhole Problem

    Published 16 February 2013 | viewed 5,117 times

    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.…

  • Why has US Oil Consumption Steadily Fallen since 2004?

    Published 02 February 2013 | viewed 41,289 times

    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…

  • How High Oil Prices Lead to Recession

    Published 26 January 2013 | viewed 10,286 times

    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…

  • Ten Reasons Why High Oil Prices are a Problem

    Published 19 January 2013 | viewed 19,405 times

    A person might think from looking at news reports that our oil problems are gone, but oil prices are still high.Figure 1. US crude oil…

  • Why 2013 Will End in a Severe Recession

    Published 08 January 2013 | viewed 26,323 times

    We have been hearing a lot about escaping the fiscal cliff, but our problem isn’t solved. The fixes to date have been partial and temporary.…

  • Why does World Coal Consumption continue to Grow?

    Published 23 December 2012 | viewed 12,433 times

    A primary reason why coal consumption is rising is because of increased international trade, starting when the World Trade Organization was formed in 1995, and…

  • Why the Fossil Fuel Revolution Prevented the World from Starving

    Published 15 December 2012 | viewed 11,478 times

    Most of us have heard that Thomas Malthus made a forecast in 1798 that the world would run short of food, and that great famine…

  • How Energy Leveraging has Increased Global Unemployment

    Published 08 December 2012 | viewed 9,370 times

    If an employer wants to maximize profits, it will want to leverage its use of high-priced energy sources.  From an employer’s point of view, there…

  • The Fiscal Cliff and its Effect on Oil Markets

    Published 30 November 2012 | viewed 10,508 times

    The United States’ fiscal cliff is very much related to several changes we have been going through recently, and will likely continue to experience:1.    High…

  • Why Current Methods to Combat Climate Change Don’t Work

    Published 24 November 2012 | viewed 18,432 times

    World leaders seem to have their minds made up regarding what will fix world CO2 emissions problems. Their list includes taxes on gasoline consumption, more…

  • IEA Manipulates Stats to Predict Unrealistically High Oil Forecasts

    Published 15 November 2012 | viewed 9,418 times

    The International Energy Agency (IEA) provides unrealistically high oil forecasts in its new 2012 World Energy Outlook (WEO). It claims, among other things, that the…

  • Peak Oil and the Challenging Years Ahead

    Published 25 October 2012 | viewed 8,333 times

    We seem to hear two versions of the story of limited oil supply:1. The economists’ view, saying that the issue is a simple problem of…

  • Why Natural Gas Won’t Save the World

    Published 20 October 2012 | viewed 13,649 times

    We keep hearing about the many benefits of natural gas–how burning it releases less CO2 than oil or coal, and how it burns with few…

  • The Devastating Economic Impact of Constantly High Oil Prices

    Published 03 October 2012 | viewed 38,304 times

    Prof. James Hamilton of University of California recently wrote a post called Thresholds in the economic effects of oil prices. In it, he concludesAs U.S.…

  • The World is Suffering from High-Priced Fuel Syndrome

    Published 01 October 2012 | viewed 40,640 times

    Governments and economists around the world have not figured out that what the world economy is suffering from, to varying degrees, is “high-priced fuel syndrome“.High-priced…

  • The Link between Energy Consumption, Employment, and Recession

    Published 22 September 2012 | viewed 20,363 times

    The number of jobs available to job-seekers has been a problem for quite a long time now—since 2000 in the United States, and longer than…

  • How Population, Energy Supply, and the Economy Depend on Each Other

    Published 08 September 2012 | viewed 30,333 times

    The tie between energy supply, population, and the economy goes back to the hunter-gatherer period. Hunter-gatherers managed to multiply their population at least 4-fold, and…

  • Why Energy is Vital to Economic Growth

    Published 04 September 2012 | viewed 40,398 times

    In the beginning, the Master Economist created the Economy.  He created businesses large and small, consumers, governments with their regulation, and financial institutions of all…

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