The Oil Drum: Energy Grades and Historic Economic Growth

This is a guest post by Douglas Reynolds. Dr. Reynolds is an associate professor of oil and energy economics at the University of Alaska Fairbanks, and author of “Scarcity and Growth Considering Oil and Energy”, and “Alaska and North Slope Natural Gas”. Doug has a prior guest post on theoildrum on The Energy Utilization Chain. This post offers a different but related perspective on energy comparisons and transitions than last weeks post on Energy Transitions by Professor Cutler Cleveland.
The Oil Drum