[OKC] Data suggests we are nearing peak energy demand

[Bob Waldrop]

Gail Tverburg --  the Peak Oil Actuary -- has released another trenchant 
analysis of the present world economic dilemma. We seem to have a design 
flaw in our economies.  They work fine as long as it is either in first, 
second, or drive gear going forward.  But we don't have a reverse gear.  
She's noting the general decline in commodity prices over the past four 
years, and says this may indicate an increasing affordability problem, 
since wages have not kept pace with the rise in energy prices since the 
year 2000.  All I can say is "pay off your debts as quick as you can" 
because deflation is hell on debtors.  Lots of good data here and plenty 
of charts.  Much grist for the mill.

http://ourfiniteworld.com/2015/06/23/bp-data-suggests-we-are-reaching-peak-energy-demand

Bob Waldrop, Okie City

-- 
http://www.ipermie.net How to permaculture your urban lifestyle and adapt to the realities of peak oil, economic irrationality, political criminality, and climate instability..