Tag Archives: oil shock

Energy certificates as currency when oil shocks strike?

Since world oil probably peaked in 2018 (EIA 2021), clearly there will be a time when there are oil shortages. The price may be high at first, but that often brings on a financial crash (Hamilton 2013), unemployment rises as … Continue reading

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U.S. House meeting on terrorist threats to energy security

[ Even though this hearing was over a decade ago, the issues are still the same.  Nothing has changed. Alice Friedemann   www.energyskeptic.com  author of “When Trucks Stop Running: Energy and the Future of Transportation, 2015, Springer] House 109-70. July 27, … Continue reading

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Why economic corruption or an oil decline will lead to a financial crash, depression, and permanent energy crisis

This is the introduction to the Corruption category under the Menu item 3) Fast Crash. The posts in this category show that another, much worse crash, is inevitable.  Meanwhile, low oil prices have led to less oil production and discoveries.  … Continue reading

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Oil shocks and the potential for crisis U.S. House 2007

Preface. There have been two oil shockwave “oil crisis stimulations”, summaries of both from 2005 and 2007 are below.  Oil Shockwaves confront a mock U.S. cabinet with highly plausible geopolitical crises that trigger sharp increases in oil prices. Participants must … Continue reading

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