The Oil Drum

I have been asked to give a short talk about the expected economic impact of an energy downturn. The talk is to be part of public health program called "Converging Environmental Crises: A Teach-in on Energy, Climate Change, Water, Agriculture and Population." I expect that the audience will be university students plus physicians and others in the public health field. The talk will be recorded, and will appear on the internet. I have added some to the talk, since my first draft. These are the PowerPoint slides I show. This is a link to the recorded version of my talk.

Good afternoon. My name is Gail Tverberg. Some of you know me as "Gail the Actuary" on TheOilDrum.com web site. The Oil Drum is a web site about energy and our future.

Today, I will be talking to you about The Expected Economic Impact of an Energy Downturn. If, after this talk, you would like to learn more about peak oil and about resource depletion issues of all types, TheOilDrum.com is a good site to go to for more information.

Let's talk a bit first about the energy downturn. As everyone is aware, the price of gasoline and diesel has been rising recently. The reason the price is rising is because the world's supply of oil cannot keep up with demand.