Our economic perturbations become more bizarre every day.
Tag: barrels
The Peak Oil Crisis: Parsing the Numbers
Someday peak oil will be about high gas prices and lines at the pumps, but for the time being it is mostly about numbers – lots and lots of numbers.
In Wine World, Nothing Subtle About French Oak Prices
SAN ANTONIO — It takes more money than ever to make a bottle of wine these days. The cost of the bottle itself has gone up, as have the prices of corks and even foil caps.
The Peak Oil Crisis: The Summer Ahead
The situation is not good. Our average gasoline price just climbed past $4 a gallon and all indications are that it will continue to rise. After Goldman-Sachs made headlines by telling us that oil is going to $150 or maybe $200 a barrel in six months or maybe two years, […]
The Peak Oil Crisis: Diesel
The evidence is mounting that the U.S. might just encounter the first real crisis of the oil depletion age before the year is out.
The Peak Oil Crisis: The First Shortages
Fuel prices alone are unlikely to bring America to its senses.
The Peak Oil Crisis: Stirrings in Ottawa
Based on recent experiences, some believe this week’s interest rate cuts soon will send oil to circa $120 a barrel.
Dowd on Drinks: 2 Million Reasons This Cognac Is World Class
The latest entry in the adult beverage world’s “most expensive product” category comes in the Cognac subdivision.
The Peak Oil Crisis: Looking at 2008
Let’s start with the obvious. Unless something very bad happens this year – a big meteor strikes the earth, a good sized war in the Middle East, or a major sabotage operation– we are likely to consume another 31 billion barrels of oil or, as we call it these days, […]
The Peak Oil Crisis: Diesel
The evidence is growing that it is going to take a really major event to get America out of its beloved and seemingly essential automobiles. Even with gasoline running a dollar a gallon higher compared to this time last year, consumption is holding about the same or even creeping up […]