Posts Tagged ‘ Peak Oil ’
If there exists a single factor that can put enough pressure on the whole of the American economy and force it to crumble under its own weight, it's the price the average American pays for gas. Extreme up side gas price swings have preceded seven of the last eight American ...read more
Many Austrians Are Wrong About Peak Oil Theory
Apr 10th, 2012 | By Whiskey Contributor | Category: Economics, Featured, Oil
Time and again I read Austrian School economists dissing Peak Oil Theory. They likely do this because they have not taken the time to fully understand the theory behind peak oil. Instead, they get caught up in the doom and gloom predictions made by many proponents of Peak Oil Theory ...read more
Riots in France a Symptom of Declining Western Wealth
Nov 15th, 2010 | By Byron King | Category: Economics, Featured, Oil
The French nation was hobbled by strikes, rolling strikes, street violence and other protests. It sprung from the proposal of French Pres. Sarkozy to raise the minimum retirement age to 62, by 2018 — or so the newspapers tell us. Let’s think about it, though.
As a long-time follower of the ...read more
Oil Crisis to the South, But Oil Opportunity to the North
Jul 21st, 2010 | By Byron King | Category: Featured, Oil
In the aftermath of the Deepwater Horizon explosion and the ongoing oil blowout in the Gulf of Mexico (GOM), risk factors have changed for fossil fuel energy developments.
We need to consider what it means for our future investment strategy — indeed, there are more lucrative opportunities if you look in ...read more
Deep Water Drilling and Expensive Oil
May 25th, 2010 | By Byron King | Category: Featured, Oil
Byron: This blow out in the Gulf of Mexico absolutely should not have happened. Yes, it could have been prevented. But we are already on the other side of Peak Oil. Oil is going to keep getting more expensive and eventually it could get too expensive for life to be ...read more
Deepwater Disaster Doesn’t Change Need for Deepwater Drilling
May 21st, 2010 | By Byron King | Category: Featured, Oil
Gary Gibson: Byron, can you start off by telling Whiskey readers a little about why we’re searching for deep sea oil in the first place? I mean, we know about peak oil already. But… is it really THAT bad that we’re having to search for oil buried beneath 12,000 feet ...read more
The Peak Oil Side of Volcanoes
Apr 22nd, 2010 | By Byron King | Category: Featured, Oil
This Icelandic volcano is not just a quaint story about some faraway place. We need to keep an eye on Iceland and its grumpy volcanoes. The historic record is filled with Icelandic volcano blasts that wrecked European civilization. It goes back at least to the days of the Roman Empire. ...read more
Peak Oil and Unpaid Mortgages Will Kill Suburbia
Apr 6th, 2010 | By James Howard Kunstler | Category: Featured, Housing, Oil
In a place like upstate New York, north of Albany, where April is more generally known as “mud season,” and the wait for “ice-out” on the big lakes takes forever, and on frigid nights the windigos steal through the tops of the tall pines — it would seem foolish to ...read more
Deep-Water Oil Won’t Cure Peak Oil
Oct 27th, 2009 | By Byron King | Category: Featured, Oil
So there I was the other day, walking through the waiting area of a local hospital. I looked over at a glowing television set. I saw a silver flying saucer. The caption at the bottom of the screen stated, helpfully, "Flying Saucer Over Colorado."
We're Not Alone…
Thank GOD! I thought to ...read more
Peak at 85 Million Barrels of Oil a Day
Oct 23rd, 2009 | By Byron King | Category: Featured, Oil
Eighty-five million barrels a day.
That’s the most that can be produced. So when recession causes a temporary decrease in world consumption, it can seem like those 85 million barrels are enough. But consumption is bound to resume its upward climb, while those 85 million barrels a day are all we ...read more

