Export declines in the era of waning oil abundance

As the era of oil abundance starts to wane, geopolitical relations between consuming countries and producing countries will grow increasingly important. Consumer countries are going to be forced to pursue substitutes and alternative ways of living. Paramount for them is the speed and manner with which their imports will decline.

Can you spare a dime? Why we could….but won’t

We’re racing towards a wall, and not only are we not slowing down, we’re gunning the motor by doing things like expanding ethanol production and sending the next generation’s hope against malnutrition down the river, and letting the terms of the political discussion be shaped by whether or not to tighten fuel efficiency, rather than how fast we can get the cars off the road.