Monthly Archives: June 2015

BP Data Suggests We Are Reaching Peak Energy Demand

Some people talk about peak energy (or oil) supply. They expect high prices and more demand than supply.¬†Other people talk about energy demand hitting a peak many years from now, perhaps when most of us have electric cars. Neither of … Continue reading

Posted in Financial Implications | Tagged , , , , | 1,227 Comments

Why EIA, IEA, and BP Oil Forecasts are Too High

When forecasting how much oil will be available in future years, a standard approach seems to be the following: Figure out how much GDP growth the researcher hopes to have in the future. “Work backward” to see how much oil … Continue reading

Posted in Financial Implications, Oil and Its Future | Tagged , , , , , | 904 Comments