Peak oil will occur when it is too expensive to
bring oil to the surface and not when reserves reach their limit. Companies
must make a profit to be able to extract oil and stay in the oil business. However, that endeavour is becoming more and
more difficult because of diminishing returns. They have to dig ever deeper to
get to the oil at ever increasing costs,
and the oil they find deep down is of a lesser quality. We have now reached a point where the price
needed by oil companies to make a profit and stay in business is far higher
than the price the market can bear. That
price is probably about $ 100 per barrel - and rising every year! A market
price o $ 100 will almost certainly cause a sharp recession and cause the price
of oil to fall back beyond the point of profitability. For example, the combined
profit of ExxonMobile, Chevron and Conocophillips fell from 80.4 billion in
2011 to only 3.7 billon in 2016 - see URL below. What the market can bear depends
on the spending power of the mass of non-elite workers. The CLD shows the negative
feedback loops that prevent oil prices to rise above the level of affordability. If non-elite workers cannot
afford the goods and services offered, then there will be no demand for them and by
extension for oil. In this situation the
market price will not the cover the cost that oil companies need to extract
oil. Oil supplies will decline and so will economic activity!
This high-level
simulation model presented by Jay Forrester in his book World Dynamics, simulates
socio-economic-environmental world system. The world Model was created in a
time where pollution and other negative effects of industrialization and
economic growth started to become recognized in 1970. For this exam purpose, we have
rebuilt the model to do some experiments and analyze the results.
Causal loop structure of system dynamics models of the business cycle and the Kondratieff long wave from Gene Bellinger's AI gemini prompts mc and mr Jan2026 From MIT Sloan school work esp Forrester and Sterman
This page provides a structural analysis of POTUS Candidate Scott Walker based on the information at: https://www.scottwalker.com/news/why-i%E2%80%99m-running-president
The method used is Integrative Propositional Analysis (IPA)
available:
http://scipolicy.org/uploads/3/4/6/9/3469675/wallis_white_paper_-_the_ipa_answer_2014.12.11.pdf
A tool designed to remind us about the audience in a systemic way.
Small groups would collectively distribute six sigma projects on the converters to understand the current state in an objective manner.
The intent of the model merely collecting evidence, students from within their communities serve as a new role to bridge the trust and rebuild hope with direct engagement.
Thematic subjects from the SDG's Economic, Justice, Health, nutrition and the poverty equation are segmented by three income or economic groupings. The grouping in this manner enables us to identify patterns which are true in all parts of the world. (80/20 rule)
People with Healthcare in any population - Disabled Determination
From Jay Forrester 1988 killian lectures youtube video describing system dynamics at MIT. For more detailed biography See Jay Forrester memorial webpage For MIT HIstory see IM-184930 For Applications se IM-185462
This model was designed from the SIR model(susceptible, infected, recovered) to determine the effect of the covid-19 outbreak on economic outcomes via government policy.
Assumptions
The government policy is triggered when the number of infected is more than ten.
The government policies will take a negative effect on Covid-19 outbreaks and the financial system.
Adjusted parameter: Immunity loss rate can be changed from vaccination rate.
Government policy's parameters
Adjusted parameters: Testing rate(from 0.15 to 0.95), vaccination rate(from 0.3 to 1), travel ban(from 0 to 0.9), social distancing(from 0.1 to 0.8), Quarantine(from 0.1 to 0.9)
Economic's parameters
Fixed parameter: Tourism
Adjusted parameter: Economic growth rate(from 0.3 to 0.5)
Interesting insight
An increased vaccination rate and testing rate will decrease the number of infected cases and have a little more negative effect on the economic system. However, the financial system still needs a long time to recover in both cases.
This page provides a structural analysis of POTUS Candidate Lindsey Graham's
economic policy based on the information at: http://www.lindseygraham.com/issue/restore-fiscal-discipline/ http://www.lindseygraham.com/issue/ease-tax-and-regulatory-burdens/ http://www.lindseygraham.com/issue/achieve-energy-independence/ http://www.lindseygraham.com/issue/reform-entitlements/ The method used is Integrative
Propositional Analysis (IPA)
available:
http://scipolicy.org/uploads/3/4/6/9/3469675/wallis_white_paper_-_the_ipa_answer_2014.12.11.pdf
This is the summary of lecture 1 of my Course about StartUps. It's an intro to the startup ecosystem and the different stakeholders that can interact with your new enterprise at different stages of its evolution and growth. -version 1 - for info or suggestions: bonato.pietroz@gmail.com
This page provides a structural analysis of POTUS Candidate Rand Paul's
economic policy based on the information at: https://www.randpaul.com/issue/spending-and-debt and also https://www.randpaul.com/issue/taxes The method used is Integrative
Propositional Analysis (IPA)
available:
http://scipolicy.org/uploads/3/4/6/9/3469675/wallis_white_paper_-_the_ipa_answer_2014.12.11.pdf
