This past week the G8 met in L’Aquila, Italy to discuss the global economy but also climate change and reducing carbon emissions. According to the Telegraph, Gordon Brown warned “that sharp and unpredictable rises in oil prices risk “choking off” the global economy and pushing the world into a [...]
“Saudi Arabia isn’t just running out of oil — it’s running out of water. So is the whole region.” So explains Jeff Rubin in his latest book, Why Your World Is About To Get A Whole Lot Smaller (2009) (read my review of Jeff Rubin here).
If you thought it was bad enough to see the [...]
You’ve heard of peak oil theory and have a vague idea of what it is, and you know much of the world economy runs on oil, but how specific is your knowledge? If you invest in individual oil stocks/trusts as I do, you’ll want to know as much as you can about the oil industry. [...]
Are you liking the new frugality trend? Get used to it. Frugality is “in” and here to stay – but not because the U.S. housing and credit markets collapsed and 30% of everyone’s savings have disappeared. According to Jeff Rubin, ex-senior economist at CIBC World Markets, the growing scarcity in the world’s fossil fuels supply [...]