Peak Oil, AI, and the Straw

In this Frankly, Nate shares his perspective on the new all-time high in oil production in the context of AI’s growing influence in the financial markets and technology space. While ‘all liquids’ just hit an all time high, the varying categories of what is considered oil obfuscates a long plateau that is starting to decline.

Money & Grief

When it takes one barrel of oil to produce a new barrel of oil, it’s game over. That will be the moment when growth, debt and grief will achieve singularity. That will be the moment when the value of money will erode, and we will face an imperative to finally metabolize the grief that was so long stored in that value.