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Tag Archives: oil shock
Energy certificates as currency when oil shocks strike?
Since world oil peaked in 2018, 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 business shut down, … Continue reading
Posted in Oil Shocks, Rationing, U.S. Congress Energy Policy
Tagged blackouts, currency, ecological economics, energy crisis, Hubbert, money, oil shock, rationing
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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
Posted in Caused by Scarce Resources, Chokepoints, Middle East, Oil Shocks, Transportation
Tagged oil dependence, oil shock, Ras Tanura, saudi arabia, SPR, strategic petroleum reserve, terrorism
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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
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
Posted in Military, Oil Shocks, U.S. Congress Energy Dependence
Tagged cafe standard, military, oil dependence, oil shock, shockwave, SPR, strategic petroleum reserve
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