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januari 2020
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  • Expect low oil prices in 2020; tendency toward recession 8 januari, 2020
    Energy Forecast for 2020 Overall, I expect that oil and other commodity prices will remain low in 2020. These low oil prices will adversely affect oil production and several other parts of the economy. As a result, a strong tendency … Continue reading →
  • Drone Strike on Saudi Arabia Knocks out 5% of Global Oil Supplies 17 september, 2019
    On Saturday 14 September the Abqaiq oil processing facilities in Saudi Arabia were hit by an air borne attack assumed to be a drone. Abqaiq lies to the NE of Ghawar, the world's largest oil field and producer by far. Abqaiq is the largest single oil processing facility in the world. It processes all the […]
  • Steam powered farm tractors 17 januari, 2020
    Preface. Steam engines weren’t very efficient, 10 to 20% at best, which is why they went away beginning around 1920 when oil-powered engines came along.  At the very best steam engines for transportation reached 10 to 20% efficiency. They were … Continue reading →

Steve Keen dömer ut förra pristagen Nordhaus igen.

I detta samtal med Steve Keen så dömmer han ut ekonomer och speciellt W. Nordhaus som fick pris av Riksbanken förra året. Energi finns inte med i deras modeller utan det är bara arbete och kapital. Som Steve säger en arbetare utan energi är ett lik och en maskin utan energi är en skulptur. Ett […]

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