Tag Archives: oil reserves

IEA Investment Report – What is Right; What is Wrong

Posted on June 10, 2014 by Gail Tverberg

Recently, the IEA published  a “Special Report” called World Energy Investment Outlook. Lets’s start with things I agree with: 1. World needs $48 trillion in investment to meet its energy needs to 2035. This is certainly true, if we assume, as … Continue reading →

Posted in Financial Implications, News Related Post | Tagged , , | 709 Comments

Kidding ourselves about future MENA oil production

Posted on October 19, 2011 by Gail Tverberg

Recently, the International Energy Agency’s Chief Economist Fatih Birol was quoted as saying, In the next 10 years, more than 90% of the growth in global oil production needs to come from MENA [Middle East and North African] countries. There … Continue reading →

Posted in Food issues, News Related Post, Oil and Its Future | Tagged , , , , , , | 57 Comments