industrial minerals

Good news: here’s why we won’t run out of minerals (including oil)

By / 27 Comments / 25 May 2019

Summary:  Among the fear barrages of the past 50 years, “running out of resources” has been the most persistent. Here is why we won’t run out of minerals. As for other kinds of resources, that is a more complex story for another day. I first ran this excerpt in January 2011. The history of America …

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What’s causing the crash in oil prices? What happens next?

By / 2 Comments / 8 March 2015

Summary: Again, as so many times since 2000, oil prices dominate the news and shake the financial system. As usual, the news mixes fact and conjecture, wisdom and nonsense. Here’s an introduction to the basic facts, and a strong forecast about the future of oil prices. . Contents The big picture. How big are these …

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