Tag Archives: US oil production

IEA Oil Forecast Unrealistically High; Misses Diminishing Returns

Posted on November 13, 2012 by Gail Tverberg

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 EROEI, IEA, IMF, oil price, recession, shale oil, tight oil, US oil production, WEO 2012, World Energy Outlook | 174 Comments

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Tag Archives: US oil production

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