If the economic system is going to fundamentally change, likely with many jobs and the rat race in general drying up, (and maybe less tax revenue for roadway infrastructure maintenance) there’s also the increasing questions therefore of where we will be thinking we need to go with all those...
There has been very little change in Saudi production in the last nine months. All other OPEC producers had very little change from May to June. Charts of all 12 OPEC nations can be found on the OPEC Charts page. The big story this month comes from Russia. The JODI data, through April...
However, the transition from an oil-fed agriculture to a sustainable agriculture is a massive change, and rather than fighting over which approach is going to get us there, we should be pursuing all alternatives that get over a physical viability hurdle. sunnnv on December 24, 2008 - 7:09...
Things will in fact change. Do we simply use another heuristic? Let's try dead reckoning instead. This means that we plot the current trajectory (as Cartwright stated) and assume this will chart our course for the near future. But we all know that that doesn't work either as it will ...
This would be a 6.5% change in imports. Assuming demand is down 3% in China/Japan/US i.e its export markets and 3% internally then then 6% or so sounds about right for South Korea. And we have hints that they have cut back on exports of fuels http://www.reuters.com/article/rbssOil...
Energy has correlated pretty well with real GDP in the past (only World levels are appropriate to use), perhaps this will change in the future, but that is highly speculative. Certainly energy efficiency can increase, but the gains are not unlimited. Minqi Li says: 06/21/2017 at 1:41 ...