We’re once again near “peak” oil (1971, 2008, 2018…?). Even if not, oil prices must rise for production to continue, let alone grow. It takes fossil fuels to mine fossil fuel–today more than ever. Meanwhile, Israel has gone into overdrive, pushing the U.S. to bomb Iran. The vast majority of military experts do not believe … Read more
Energy is money and money is distributed evenly throughout a nation’s population. Therefore, petro-inequality is impossible in the United States. That’s a joke. Fortunately, building inequality was masked by a net-increase in energy use, which benefited most Americans. The chart above charts the amount of U.S. oil per person since 1959. We can see Hubbert’s … Read more
Well, it wouldn’t go down. But how long would it rise? I tried to answer that question and failed. Here’s what I have anyway. I believe we’re at “peak” plateau. I believe humans understand this unconsciously, which explain recent political events. Diesel, for me, represents economic growth. There is no growth in production. Why is … Read more
