Fight the Empire on 09/05/13

Program: 
Fight the Empire
Air date: 
Thu, 09/05/2013 - 9:30am - 10:00am
Short Description: 
Peak oil and financial limits

There is oil on the market, but fewer people can afford it.

Gail Tverberg is an insurance actuary and a writer on peak oil and the economy. She finds that there is a growing gap between the price that oil exporters require to keep drilling and the price that importers can afford to pay. What happens when the gap canot be bridged?

 

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