In my previous post I drew some parallels between energy and money – and more specifically, energy and banking – and pointed out that when money is at stake, the presence of energy is likely lurking somewhere in the shadows. It was mostly hypotheses and observations I was throwing around about energy and banking, but when it comes to energy and money, one can hardly overstate … [Read more...]
Sorting out the wheat from the chaff of new energy ideas, while paying close attention to energy-efficiency and conservation.
Some people who worry about peak oil like to point out that renewable energy won't save us. That is, given the amount of fossil fuels that the world uses today, it would take an unrealistically large increase in the amount of renewables available now to make up the difference as oil, natural gas and coal start to deplete. So we might as well resign ourselves now to a future … [Read more...]
While the phrase "follow the money" is common parlance in progressive circles these days, a more relevant line of investigation for these peak oil times of ours might be, I think, "follow the energy." For as it is, the suggestion of "following the money" generally refers to something like following the trail of bread crumbs all the way to where the buck stops, one eventually … [Read more...]
I don't know about you, but I'll admit that I was completely caught off guard by the recent (and ongoing?) crash in oil prices. It'd be a stretch to say I'm embarrassed by my lack of foresight, although perhaps "dumb-ass" would be a bit deserving. For even though there were bloggers out there discussing the possible ramifications of low oil prices, its possibility still didn't … [Read more...]
The stunning plunge in oil prices – almost 45% since June – has roiled the global oil markets; creating new winners and losers almost overnight. It has also unlocked a number of potential problems and opportunities we would be wise to consider. In our consumer-based economy, savings at the gas pump provide a direct stimulus to the economy – freeing up a reservoir of new … [Read more...]