Gail Tverberg
sastyk | March 19, 2012The always-thoughtful Gail Tverberg has a great post that simply shows in visual terms the history of world energy consumption - well worth a look. I've reproduced one of her graphs here, but please read the whole thing.
One graph not in her post (not suggesting it should be, but I like the contrast) is world discovery of oil over about the same period - anyone who implicitly believes we are discovering vast reserves should contrast the two:
(Source, Colin Campbell)
Gail goes on to write about how an economist might be misled by past trends to disregard "facts in the ground" - lack of…