Nicaragua’s Economic/Energy emergency

On May 30 Nicaraguan President Enrique Bolanos issued an emergency decree that, amongst other things, enabling him to raise electric prices as demanded by producers, primarily the Spanish company Unión Fenosa.
Is this a point of inflection in Nicaragua’s energy descent, or business as usual? We’ve collected a few articles to throw some light on the question.

Every Little Bit Counts

In fact, my own mother this week demonstrated how a Peak Oil situation cuts the fat and preserves wealth. Being an old aged pensioner, she has to watch the pennies and the increasing size of her electricity and gas bills provoked action. Was this to be a microcosm of the population responding to the early stages of the downslope of Hubbert’s oil peak?

$4 a gallon

America is over. America is like Wile E. Coyote after he’s run out a few paces past the edge of the cliff – he’ll take a few more steps in midair before he looks down. Then, when he sees that there’s nothing under him, he’ll fall. Many Americans suspect that they’re running on thin air, but they haven’t looked down yet. When they do …