509 FBF: The Long Emergency with James Howard Kuntsler

7 Dec 2025 · 43 min
Episode

7 Dec 2025 · 43 min

0:00

James Howard Kunstler argues cheap oil is gone for good. Bakken shale wells produce only 80 barrels per day with steep decline rates, making them uneconomical. He warns of economic contraction and recommends rebuilding rail networks and localizing agriculture in regions with arable land like the Great Lakes.

Questions this episode answers

September 20, 2019.

www.kunstler.com (spoken as "www.kunstler k u n s t l e r dot com").

The Long Emergency (2005); Too Much Magic (2012); earlier works include Geography of Nowhere (date not specified in this chunk).

Under $35 per barrel.

Average flow about 80 barrels per day; per-well cost between $6 million and $12 million; depletion >50% first year and >20% second year (rapid decline).

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