" />
Building a world of
resilient communities.

MAIN LIST

 

Triple-Digit Oil Prices Block Growth & Investments Before "Petro-collapse"


Today's show features two guests who were at last week's Truth in Energy conference of the US chapter of ASPO, the Association for the Study of Peak Oil and Gas, in Washington, DC.

Jeff Rubin, is former Chief Economist at the Canadian Imperial Bank of Commerce and the author of Why Your World is About to Get a Whole Lot Smaller. He explains why the price of oil the US media report is $25 too low, why today's triple-digit oil prices show that the days of low unemployment and 3% economic growth are over, and warns that 30-year US Treasury bonds are not as safe an investment as many people think.

Jan Lundberg went from being an oil-industry analyst at Lundberg Survey to a self-described "eco-warrior" fighting petroleum pollution, car culture and sprawl development. He writes at Culture Change and promotes sail transport of freight. We also talked about his essay suggesting that the Occupy Wall Street movement should look to inequalities in land distribution more than monetary wealth--because productive land is the durable wealth of the future. Lundberg is looking for productive opportunities and investments that would be robust in the face of "petro-collapse."

Carl Etnier hosted.

What do you think? Leave a comment below.

Sign up for regular Resilience bulletins direct to your email.

Take action!  

Find out more about Community Resilience. See our COMMUNITIES page
Start your own projects. See our RESOURCES page.
Help build resilience. DONATE NOW.

 

This is a community site and the discussion is moderated. The rules in brief: no personal abuse and no climate denial. Complete Guidelines.


Saudi Arabia: The great oil game

 With the recent increase in Saudi production, it is clear that they …

8 States Dealing With Huge Increases in Fracking Earthquakes

A new report, released Thursday from the U.S. Geological Survey (USGS), …

Our Renewable Future   

How we use energy is as important as how we get it.

Congresswoman Declares Pipeline and Oil-by-Rail Regulatory System "Fundamentally Broken"

“The system is fundamentally broken.”

Peak Oil Review - Apr 27

 A weekly roundup of peak oil news, including: Oil and the Global …

Peak Oil Notes - Apr 23

Industry leaders are warning that the $114 billion cut in capital …

Climate change: can the Seneca effect save us?

A Seneca shaped production curve would considerably reduce the amount of …