Item of General Interest
Oct. 23 . A new interview by Chris Martenson is now up. He calls it Why There's No Economically Sustainable Price for Oil Anymore.
Tag Archives: US oil production
IEA Oil Forecast Unrealistically High; Misses Diminishing Returns
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
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Tagged EROEI, IEA, IMF, oil price, recession, shale oil, tight oil, US oil production, WEO 2012, World Energy Outlook
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