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Energy Concerns Are Mounting

Monday, September 13, 2010, 9:49 AM
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Energy Concerns Are Mounting

Monday, September 13, 2010

Executive Summary

  • Many interlocking factors have caused current economic woes.
  • Most of the issues are still almost strictly economically driven; energy's role is still to come.
  • World energy consumption, at current rates of growth, will double in 35 years.
  • Alternative fuels cannot displace oil use, but they can be helpful in electricity production and other areas.
  • We should be using our highly-concentrated energy sources to capture less-dense alternative energy sources.
  • The next energy shock is closer than most people realize.
  • The perception of scarcity will create scarcity.
  • Now is the time for prudent preparations.

In my last Insider entry, I made a number of claims that sparked a lot of good comments.  I will respond to a sampling of them here.  If I don't address your comment, please know that I read and considered every one. I value and encourage continued input through comments, forum posts, and email.

There are multiple interlocking topics embedded in the question, "Why is the economy down right now?" I don't see any one particular cause.  Yes, there was too much debt, but there was also falling net energy from flat petroleum production between 2004 and 2008.  Oil also happened to spike in price.  Which one 'caused' the economic meltdown and the deep freeze that followed?  All of these factors, and a few others besides.

 

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