By Jeremy Leggett, Triple Crunch Log
On 10 December, Lt Col Davis and I convened video-linked gatherings in Washington and London of people who share our concerns about the risk of a global oil crisis.
By Tom Whipple, ASPO-USA
A mid-week update. After falling steadily since the middle of September, New York oil futures rebounded this week by some $5 a barrel to close at $97.14 on Wednesday.
By Tad Patzek, Life Itself
So here is the dirty little secret of our civilization: It runs...energy per unit time...In other words, having one billion dollars in your checking account does not help you with purchasing a Rolls Royce with cash if your daily withdrawal limit is 100 dollars.
By Richard E. Vodra, ASPO-USA
Peak Oil – the maximum sustainable rate of global oil production - happened in 2012. That’s one of the main conclusions of a new report, Fossil and Nuclear Fuels – The Supply Outlook, released in March 2013 by the Energy Watch Group (EWG). This event will have profound long-term implications for how advisors should manage clients’ portfolios, and how clients should plan their future expenses.