Back up the rabbit hole

At several points in the last quarter century, due to a brief constellation of short-term factors, petroleum prices dropped to levels lower in constant dollars than ever before in history. Collective decisions made on the assumption that such prices were normal need to be revisited in a hurry as more realistic energy costs reassert themselves.

Politics: The Eighty Percent Pay Cut

One of the unmentionable facts of today’s politics is that the relative prosperity of the industrial nations depends on the impoverishment of the rest of the world. Lacking a willingness to deal with this reality, proposals for political solutions to peak oil and other aspects of our current predicament fall short.