Oil

Peak oil – what do we do now?

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We’ve now in a period of major human disorientation, but geology does not become disoriented on the human timescale. The impending peak oil problem may now be generally absent from the media and the public consciousness, but it has not gone away. We would do well to continue meaningful studies of peak oil production and mitigation during this period of peak oil quiet.

President’s Day

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I like to think that Mr. Obama really does know what’s up — that “change” means we have to live a lot differently, not mount a campaign to sustain the unsustainable. I suspect that President Obama has learned over the last several weeks that the nation’s banking system and economy — indeed, the whole world’s — are in way worse shape than anyone imagined before January 20.

The peak oil crisis: the economic rebound

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The overriding issue is just how long the economic downturn will last. Historical precedent and conventional wisdom from Wall Street seems to be saying that by the middle of 2009 we will hit bottom and things will start to improve. Some, however, are not so sure and are making cases for a downturn of many months, quarters, years, or in extreme cases decades. Sorting this out is obviously impossible for we seem to be entering an era unique in history.