Energy
Executive Summary
- The incredible correlation between Economy & Energy
- Why limits matter (and will matter more in the coming years)
- The coming, unsolvable collision of our Economic, Energy & Environmental systems
- The looming deadline: Why you need to take action before June 2021
If you have not yet read Part 1: Losing Hope? Focus On Gaining Life Instead., available free to all readers, please click here to read it first.
After a dozen years of research and inquiry, I’ve come to a major set of conclusions: There’s a massive economic crisis coming. And an energy crisis. They are conjoined and each will juice the destructive effects of the other. Oh, and there’s also an ecological crisis, which is similarly intertwined with the other two.
After watching the utter inability of our national “leaders” to properly manage the basics in their response to the pandemic, I simply don’t think we’ve got the ability to sort through the complexities and subtleties of navigating three gigantic, inter-related crises.
Which means it’s up to us — to become resilient and prepared at the individual level.
First, and most important, each of us needs to start by…
_______________
Why is this full report restricted to Peak Prosperity’s premium subscribers? Two main reasons:
One — we reserve our best analysis and most directive guidance for the paying members whose financial support makes operating this site possible. Also, given that some of this material is our “best guess” thinking or can be overly revealing of the details of our personal actions, we’re only willing to share that with this private audience. We wouldn’t feel comfortable having that level of speculative/private information out in the public realm.
And Two — one of the many benefits of premium membership is closer access to the experts on this site.
If you’re not yet a premium member but would like to become one and access this full report, as well as *all* of our premium content, click the button below to subscribe:
Get Ready: Here’s What’s Coming
PREVIEW by Chris MartensonExecutive Summary
- The incredible correlation between Economy & Energy
- Why limits matter (and will matter more in the coming years)
- The coming, unsolvable collision of our Economic, Energy & Environmental systems
- The looming deadline: Why you need to take action before June 2021
If you have not yet read Part 1: Losing Hope? Focus On Gaining Life Instead., available free to all readers, please click here to read it first.
After a dozen years of research and inquiry, I’ve come to a major set of conclusions: There’s a massive economic crisis coming. And an energy crisis. They are conjoined and each will juice the destructive effects of the other. Oh, and there’s also an ecological crisis, which is similarly intertwined with the other two.
After watching the utter inability of our national “leaders” to properly manage the basics in their response to the pandemic, I simply don’t think we’ve got the ability to sort through the complexities and subtleties of navigating three gigantic, inter-related crises.
Which means it’s up to us — to become resilient and prepared at the individual level.
First, and most important, each of us needs to start by…
_______________
Why is this full report restricted to Peak Prosperity’s premium subscribers? Two main reasons:
One — we reserve our best analysis and most directive guidance for the paying members whose financial support makes operating this site possible. Also, given that some of this material is our “best guess” thinking or can be overly revealing of the details of our personal actions, we’re only willing to share that with this private audience. We wouldn’t feel comfortable having that level of speculative/private information out in the public realm.
And Two — one of the many benefits of premium membership is closer access to the experts on this site.
If you’re not yet a premium member but would like to become one and access this full report, as well as *all* of our premium content, click the button below to subscribe:
In this week’s Off The Cuff podcast, Chris and Art Berman discuss:
- US oil consumption is down ~15%, a good proxy of GDP shrinkage
- Why US oil production will be dramatically lower by next June
- Why the US may never produce as much oil as it did between 2016-2019
- Why oil, not interest rates, will be the limiter of economic growth going forward
For many years on this website we’ve warned of the coming crisis of “Peak Cheap Oil”. We may now be entering a new, accelerating stage of that story.
Petroleum geologist Art Berman returns to the program to explain why he predicts US oil production will be materially lower by next June, and why it will likely never return to its 2016-2019 highs.
Click here to listen to a sample of this Off The Cuff Podcast
Or Enroll today to access the full audio as well as all of PeakProsperity.com’s other premium content.
Off The Cuff: The Coming Oil Shortage Of June 2021
PREVIEW by Adam TaggartIn this week’s Off The Cuff podcast, Chris and Art Berman discuss:
- US oil consumption is down ~15%, a good proxy of GDP shrinkage
- Why US oil production will be dramatically lower by next June
- Why the US may never produce as much oil as it did between 2016-2019
- Why oil, not interest rates, will be the limiter of economic growth going forward
For many years on this website we’ve warned of the coming crisis of “Peak Cheap Oil”. We may now be entering a new, accelerating stage of that story.
Petroleum geologist Art Berman returns to the program to explain why he predicts US oil production will be materially lower by next June, and why it will likely never return to its 2016-2019 highs.
Click here to listen to a sample of this Off The Cuff Podcast
Or Enroll today to access the full audio as well as all of PeakProsperity.com’s other premium content.
In this week’s Off The Cuff podcast, Chris and Art Berman discuss:
- It’s about as bad as it has ever been for the US oil industry
- Expect the government to intervene, as oil is Too Vital To Fail
- Any ‘recovery’ will be long and costly
- Like it or not, energy conservation and efficiency will be forced on society
The global economy remains completely addicted to fossil fuel, particularly oil — the “master” resource.
Of late, a collapse in the price of oil due to a slowing global economy — and then the widespread shutdowns forced by covid-19 — combined with overleveraged players and energetically-expensive extraction practices, and the industry is facing a likely wave of bankruptcies.
So expect extreme action to keep the oil flowing, including but not limited to government takeover. Why? It truly is an “at all costs” need for those in charge. Art explains why extremely eloquently in this podcast.
Click here to listen to a sample of this Off the Cuff Podcast
Or Enroll today to access the full audio as well as all of PeakProsperity.com’s other premium content.
Off The Cuff: Too Vital To Fail
PREVIEW by Chris MartensonIn this week’s Off The Cuff podcast, Chris and Art Berman discuss:
- It’s about as bad as it has ever been for the US oil industry
- Expect the government to intervene, as oil is Too Vital To Fail
- Any ‘recovery’ will be long and costly
- Like it or not, energy conservation and efficiency will be forced on society
The global economy remains completely addicted to fossil fuel, particularly oil — the “master” resource.
Of late, a collapse in the price of oil due to a slowing global economy — and then the widespread shutdowns forced by covid-19 — combined with overleveraged players and energetically-expensive extraction practices, and the industry is facing a likely wave of bankruptcies.
So expect extreme action to keep the oil flowing, including but not limited to government takeover. Why? It truly is an “at all costs” need for those in charge. Art explains why extremely eloquently in this podcast.
Click here to listen to a sample of this Off the Cuff Podcast
Or Enroll today to access the full audio as well as all of PeakProsperity.com’s other premium content.
The current Federal Reserve money printing is doing little more than delaying the inevitable crash that is coming.
Worse, when it does come, it will arrive with extra force because the Fed is pushing thin-air money by the trillions into a rapidly shrinking economy.
This means we all have to be ready for…. (Enroll now to continue reading)
The Implosion Of Oil = Game Over For The Economy
PREVIEW by Chris MartensonThe current Federal Reserve money printing is doing little more than delaying the inevitable crash that is coming.
Worse, when it does come, it will arrive with extra force because the Fed is pushing thin-air money by the trillions into a rapidly shrinking economy.
This means we all have to be ready for…. (Enroll now to continue reading)
Executive Summary
- Why today’s ‘magnificent folly’ will unwind in the 2020s
- The return of Peak Oil
- Why the pace of change will accelerate faster from here
- Why time is of the essence for those with the courage to act
If you have not yet read Part 1: Good Riddance To The ‘Twenty-Teens’, available free to all readers, please click here to read it first.
This next decade will be a banquet of consequences.
Our misdeeds and mistakes will all be coming home to roost.
I certainly hope you are taking steps to prepare yourself for them. I certainly am.
The subversion of our free and fair markets has resulted in the most radical, interventionist, large-scale social experiment ever run in the modern developed world.
The early returns, unless you’re a member of the 0.1%, are dismal across the board.
The 2020’s will see the unwinding of this magnificent folly. It’s collapse will be extremely painful for the vast majority of humanity.
You see, the extremely dangerous thing about credit bubbles is that they… (Enroll now to continue reading)
Hello Twenty Twenties!
PREVIEW by Chris MartensonExecutive Summary
- Why today’s ‘magnificent folly’ will unwind in the 2020s
- The return of Peak Oil
- Why the pace of change will accelerate faster from here
- Why time is of the essence for those with the courage to act
If you have not yet read Part 1: Good Riddance To The ‘Twenty-Teens’, available free to all readers, please click here to read it first.
This next decade will be a banquet of consequences.
Our misdeeds and mistakes will all be coming home to roost.
I certainly hope you are taking steps to prepare yourself for them. I certainly am.
The subversion of our free and fair markets has resulted in the most radical, interventionist, large-scale social experiment ever run in the modern developed world.
The early returns, unless you’re a member of the 0.1%, are dismal across the board.
The 2020’s will see the unwinding of this magnificent folly. It’s collapse will be extremely painful for the vast majority of humanity.
You see, the extremely dangerous thing about credit bubbles is that they… (Enroll now to continue reading)
A full decade and some $14 Trillion in newly-printed money later, plus the cheapest interest rates in recorded history, and yet the central banks have not been able to restore growth to the global economy. The experiment has failed.
What good is Dow 30,000 if 75% of us can’t afford a house or scrape together $400 in an emergency?
Living On Borrowed Time
by Adam TaggartA full decade and some $14 Trillion in newly-printed money later, plus the cheapest interest rates in recorded history, and yet the central banks have not been able to restore growth to the global economy. The experiment has failed.
What good is Dow 30,000 if 75% of us can’t afford a house or scrape together $400 in an emergency?
Executive Summary
- Urgency is needed, as society’s alarm bells aren’t working
- The most important charts of all
- Recent learnings on resilience relocation
- When a culture becomes desperate, it reacts desperately. No one wins.
If you have not yet read Part 1: Getting Real About Green Energy, available free to all readers, please click here to read it first.
What seems to be true is that humanity is in the early innings of a great transition. Losing access to abundant energy will change more things that you or I can appreciate at this time.
The future is barreling towards us at a furious pace. And the pace of that change is accelerating.
It’s time to freak out a bit. To get serious about protecting ourselves. To make different decisions and reorganize our priorities.
If you understand energy and its relationship to the economy the way I do, you’d share my urgency to create community and develop a resilient homestead. My goal here is to nudge you towards action.
Here’s what has me so concerned right now. These charts clearly show the… (Enroll now to continue reading)
Reality Shock
PREVIEW by Chris MartensonExecutive Summary
- Urgency is needed, as society’s alarm bells aren’t working
- The most important charts of all
- Recent learnings on resilience relocation
- When a culture becomes desperate, it reacts desperately. No one wins.
If you have not yet read Part 1: Getting Real About Green Energy, available free to all readers, please click here to read it first.
What seems to be true is that humanity is in the early innings of a great transition. Losing access to abundant energy will change more things that you or I can appreciate at this time.
The future is barreling towards us at a furious pace. And the pace of that change is accelerating.
It’s time to freak out a bit. To get serious about protecting ourselves. To make different decisions and reorganize our priorities.
If you understand energy and its relationship to the economy the way I do, you’d share my urgency to create community and develop a resilient homestead. My goal here is to nudge you towards action.
Here’s what has me so concerned right now. These charts clearly show the… (Enroll now to continue reading)