Oil price and economic growth

Do we want recession? The dedicing question is not how high the oil price is in a recession, but at 2% economic growth.



  Fundamental rules of economy


The first precept of economy offer and demand determine the price. It seems all fossile sutck in the mud want to ignore this, when it comes to the necessity of a fast change to renewable energy.

Do we want recession? No! Do we want a economic crisis? No! That are exactly the circumstances which reduced the oil price. The demand has been so much reduced, that the offer was not more to sell for $145.

  Fossil recession


In the article"Fossile recession I showed January 23th about this connection. But it seems this is not an aceptable truth for the stuck in the mud fossils.

  $200 oil price at 2% economic growth


Every effort to stop the economic crisis with a request to consume more fossil energy is sentenced to fail. Each economic growth base on the consume of fossil energy will be destroied by an exploding oil price within month.

  Economic growth only possible with renewable energy


Energy politic
Decades of wrong energy politic. Instead of more living standard with less energy usage, partial the contrary was reached. A result of the wrong tax politic.


Critics on energy politic
The energy politic in the western industrial countries matches in stubbornness and incorrigibleness the politics in the east block from 1980 to 1989. A politics of demise.


Crude oil politics and the urgent exit from crude oil
How many times has the cycle oil price explosion recession to take place, until politics and economy realize, that a stable economy is only possible with renewable energy.



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