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The US military’s Joint Operating Environment report from the US Joint Forces Command has warned that surplus oil production capacity could disappear by 2012 and that there could be serious shortages by 2015 with a significant economic and political impact. Words: 455
By (author) Steven M. Gorelick
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The politicians in Washington tell us the economy is recovering. Well, maybe so … as long as you don’t need a job. The problems facing this country — in debt, energy, lost jobs, unbalanced budgets and more — continue to mount. In short, I think we’re headed for a head-on collision with hard times. Are you going to be ready? Words: 1570
By (author) Sean Brodrick
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Filed under Investing · Tagged with bonds, commodity stocks, community banks, dividend paying stocks, gold, gold ETFs, gold miners, International Energy Agency, national debt, oil consumption, oil demand, Peak Oil, state budget deficits, The Economic Policy Institute, U.S. dollar, U.S. manufacturing, unemployment
Official recognition of the peak oil threat has been muted up until now, couched in warnings about “adequate investment” and blithe assertions that demand would soon peak, averting any supply shortage. All that seems to have changed in the last month with a sudden deluge of reports and summit meetings suggesting that the oil industry and energy officials are now taking peak oil very seriously indeed. Words: 990
By (author) Brian Hicks, Chris Nelder
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The imbalance between oil demand and supply is likely to result in a decade long upward trajectory in energy prices, marked by volatility. The world is going to be running short of oil production in the not too distant future and these new discoveries don’t change that reality. Words: 2032
By (author) Marshall Vian Summers
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Filed under Oil and Gas · Tagged with Atlantis, crude oil, depletion rates, EIA, Ghawar, International Energy Agency, oil, oil production, OPEC, Peak Oil, Plutonio, Robert Hirsch, Thunder Horse, Tiber, US Department of Energy
America’s massive debt and unfunded liabilities make inflation the only viable option for today’s policymakers because when the value of future dollars is diminished, future obligations in those depreciated dollars are diminished.
Words: 2808
By (author) Joseph E. Stiglitz
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Filed under Inflation/Deflation · Tagged with Atlantic Monthly, Bank of Canada Governor John Carney, Consumer Price Index, CPI, GDP, hyperinflation, IMF, inflation, Jim Puplava, John Williams, Lawrence Kotlikoff, Medicare, Milton Friedman, Peak Oil, Simon Johnson, Social Security, US Federal Reserve Chairman Ben Bernanke, US money supply, US National Debt Clock, US Treasury, US Treasury Secretary Henry Paulson, Warren Buffett
