The Fading of the Oil Economy
Overview of the unfolding of recession and depression as the oil economy fades
Response to recession as the oil economy fades Immediate responses
Timing of a depression triggered by high oil prices
Recession in the USA
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- Transition of the industrialised countries of the temperate zone into a post-fossil-fuel world
- The Human Animal has burnt most of the black sunlight from long ago
- Tropical countries are less affected
- Industrialised temperate zone countries are most affected
- Short outline of the unfolding situation
- Easiest to find and most profitable giant fields and large fields have all been found, pump pressure is falling as they deplete
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Response to recession as the oil economy fades Immediate responses
Timing of a depression triggered by high oil prices
Recession in the USA
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...
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