Investing in precious metals 101

Tag Archives: Gail Tverberg

  • Podcast

    Art Berman: Like It Or Not, The Future Remains All About Oil

    And competition for it is heating up
    by Adam Taggart

    Tuesday, January 23, 2018, 5:19 PM

    34

    Art Berman, 40-year veteran in the petroleum production industry and respected geological consultant, returns to the podcast this week to talk about oil.

    After the price of oil fell from its previous $100+/bbl highs to under $30/bbl in 2015, many declared dead the concerns raised by peak oil theorists. Headlines selling the "shale miracle" have sought to convince us that the US will one day eclipse Saudi Arabia in oil production. In short: cheap, plentiful oil is here to stay.

    How likely is this?

    Not at all, warns Berman. World demand for oil shows no signs of abating while the outlook for future production looks increasingly scant. And the competition among nations for this "master resource" will be much more intense in future decades than we've been used to.

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  • Podcast

    Gail Tverberg: Why There’s No Economically Sustainable Price For Oil Anymore

    Producers need higher prices that the public can't afford
    by Adam Taggart

    Sunday, October 23, 2016, 5:33 PM

    83

    Actuary Gail Tverberg returns to provide an update on where we are in the global energy story. Her outlook is not rosy: she doesn't not see a path for society to transition to an affordable, plentiful substitute to petroleum as a transportation fuel. The physics as well as the funding do not pencil out, at least with today's known technologies.

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  • Podcast

    Gail Tverberg: Something Has Got To Break

    Growing debt faster than your energy supply has hard limits
    by Adam Taggart

    Sunday, January 3, 2016, 7:01 PM

    11

    Actuary Gail Tverberg explains the tight correlation between the rates of GDP growth and growth in energy supply. For decades, energy has been becoming more costly to obtain, and instead of accepting lower GDP growth, we have been using debt to fund further energy exploration and extraction.

    That strategy has diminishing returns, Tverberg warns. And we are close to the moment of reckoning.

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  • Podcast

    Gail Tverberg: This Is The Beginning Of The End For Oil Production

    Why the shale collapse is ushering in a permanent turndown
    by Adam Taggart

    Saturday, January 17, 2015, 5:28 PM

    54

    With the recent collapse in the price of oil, Gail Tverberg, returns to discuss the likely impact on the US shale oil industry, as well as the global market for oil. 

    While as an actuary, Gail is one to avoid hyperbole and the let the numbers speak, her analysis of the outlook for future oil production is nothing short of dire.

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  • Podcast

    Gail Tverberg: The Shale Oil Boom is More “Mirage” than “Miracle”

    Expect less than a 10-year boon
    by Adam Taggart

    Sunday, December 8, 2013, 2:11 AM

    14

    In this week's podcast, Chris asks Gail Tverberg to assess the merits of the shale oil "revolution". Does it usher in a new Golden Age of American oil independence?

    With her actuarial eyeshade firmly in place, Gail quickly begins discounting the underlying economics behind the shale model:

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