Posts Tagged ‘ Energy ’

The Coming Suburban Welfare State

Nov 10th, 2010 | By | Category: Economics, Featured, Politics
Some have predicted that high-energy costs, either due to decreasing supply of oil or costs associated with carbon emission mitigation, will soon push people out of their cars and onto public transportation. But there’s something else happening: people are getting sick of spending time in transit at all, making city living ...read more


Hypercomplex Systems Will Fail Due to Scarcity of Energy and Credit

Nov 11th, 2009 | By | Category: Economics, Featured
In The Long Emergency (2005, Atlantic Monthly Press), I said that we ought to expect the federal government to become increasingly impotent and ineffectual - that this would be a hallmark of the times.  In fact, I said that any enterprise organized at the colossal scale would function poorly in ...read more


The Price of Oil and the Inflation Time Bomb of Autumn

Oct 13th, 2009 | By | Category: Energy, Featured, Oil
It's not only the energy markets that threaten the 'low inflation' data now encouraging bondholders to keep buying... The published inflation data are surprisingly unsophisticated in so far as they compare current prices with a snapshot a year earlier. Just over a year ago, oil was every hedge fund manager's favorite speculation. ...read more


Energy, Brazil, Gold: What More Could You Want?

Oct 8th, 2009 | By | Category: Commodities, Featured
Let's take a quick look at what's happening in Brazil, over and above the 2016 Olympics being awarded to Rio de Janeiro. "I don't know if I will live to see it," said Brazil's president Luiz (Lula) da Silva a couple weeks ago. "But Brazil has to transform itself into a ...read more


Iran Fidgets in the Middle East: World War III Anybody?

Oct 6th, 2009 | By | Category: Featured, International, Politics
When Alan Greenspan predicted three percent economic growth showing up in the reported figures for the third quarter of 2009, did he mean executive compensation packages? Maybe the lesson here is: don't ask a crackhead to predict the future supply of crack. Greenspan's greatest success may be to drive economics ...read more


Washington Capitulates: Peak Oil Is Real

Aug 31st, 2009 | By | Category: Featured, Oil
Each year, generally in May, the Energy Information Administration publishes a less-than-eagerly-anticipated tome called the International Energy Outlook, 250+ pages of mind-numbing text, charts, graphs, and tables. No one reads it. The mainstream media ignore it. It’s the product of the best prognosticators in the Department of Energy. Okay, that may be ...read more


Climate Change, Cap, Trade, and the End of the Industrial West

Jul 1st, 2009 | By | Category: Energy, Featured
Hey here's a question to start your Wednesday off with. If Bernie Madoff gets 150 years in prison for running a Ponzi scheme, what do you think the people who designed Social Security and the Superannuation scheme ought to get? And speaking of colossally stupid government programs, you may have seen ...read more


The Fate of Representative John Carter’s Proposed Amendments to Cap and Trade

Jul 1st, 2009 | By | Category: Featured, Morning Whiskey
Texas U. S. Representative John Carter has galloped in to rescue us from the Cap & Tax bill, HR 2454, by proposing limitations on price increases that would repeal the bill automatically if the program raised diesel or gas prices by more than ten cents a gallon or our home ...read more


Wealth and the Rising Cost of Globalism

Jun 12th, 2009 | By | Category: Featured, Morning Whiskey
James Howard Kunstler has eloquently argued in The Long Emergency that cheap oil makes globalism possible.  Transporting goods across the globe costs energy, and, when energy costs enough, local production becomes more economical than global. For now and the near future, however, it still costs not only less money, but ...read more


Last Decade: Buy Gold. This Decade: Buy Energy.

Jun 11th, 2009 | By | Category: Energy, Featured, Gold
It's not technically a new decade yet. But if the trade of the last decade was to sell stocks and buy gold, then maybe the best trade for the next ten years is to sell bonds and buy energy. Gas, coal, oil, conventional, unconventional, renewable, alternative. You have a whole ...read more