Tag Archives: shale oil

IEA Oil Forecast Unrealistically High; Misses Diminishing Returns

Posted on November 13, 2012 by

The International Energy Agency (IEA) provides unrealistically high oil forecasts in its new 2012 World Energy Outlook (WEO). It claims, among other things, that the United States will become the world’s largest oil producer by around 2020, and North America will become … Continue reading →

Posted in Energy policy, Financial Implications, News Related Post | Tagged , , , , , , , , , | 174 Comments

Is “shale oil” the answer to “peak oil”?

Posted on February 14, 2011 by

Readers have been asking questions about a couple of shale oil articles recently. One is an AP article called New drilling method opens vast oil fields in US. A similar article is a CNBC article titled Massive New US Oil Supply … Continue reading →

Posted in Oil and Its Future | Tagged , , , , | 43 Comments