IEA World Energy Outlook 2010: Questionable Assumptions and Major Omissions
The World Energy Outlook 2010 makes quite a number of assumptions that seem wrong, and omits important ideas. Here are a few that Oil Drum staff members have mentioned. You may have others you think should be added to the list.
1. Net Energy. The WEO ...
Objectivity of the International Energy Agency
Can the IEA really be expected to be objective? I tried to look at this issue two years ago, when the World Energy Outlook 2008 was released. The organization of the IEA, its close ties to the OECD, and the significant funding of the IEA by the US gave...
IEA World Energy Outlook 2010 Now Out; a Preliminary Look
The International Energy Agency issued its annual energy forecast today for 2010. It consists of a three volume report, plus an executive summary and a press release. The website can be found here.
In the next few weeks, we will be analyzing the report...
Jeff Rubin: Oil and the End of Globalization – ASPO-USA
One of the keynote speakers at the recent ASPO-USA conference was Jeff Rubin, former Chief Economist with CIBC World Market. Rubin talked about why he believes high oil prices caused the recent recession. He also talked about how high oil prices are li...
Tech Talk: Changing Times and Mining Shovels
I have been discussing the technologies for oil well drilling and coal mining for quite some time, and am thinking that with that review available and just about complete, it might be time to switch the focus of these Sunday information topics. While ...
The Impact of Solar Feed-In Tariffs in Germany
This post is a guest post by Willem Post, known on The Oil Drum as wilpost37. Wil is a consulting engineer and project manager. He has a Master of Science in Mechanical Engineering and MBA degrees. More of his articles can be found on Coalition for Ene...
More evidence related to the high cost of horizontal drilling and fracking
Arthur Berman recently explained why he thinks the Marcellus Shale will disappoint. I was comparing some drilling costs to total revenue, based on EIA data, and I wonder if the problem with high costs might not be quite wide-spread.
Comparing the cos...
Current and Future Saudi and Russian Oil Production
One of the inexorable results of the developing shortage of oil is that prices will rise. It is a prospect that does not particularly concern the Saudi Arabian Administration, Minister Al-Naimi having recently inflated the acceptable range for crude up...
Dr. James Schlesinger: "The Peak Oil Debate is Over" at ASPO-USA Conference
Dr. James Schlesinger gave one of the keynote talks at the recent ASPO-USA Conference. Dr. Schlesinger comes with a wealth of experience: He was the first Secretary of Energy, from 1977 - 1979. Prior to that, he had been Chairman of the US Atomic Energ...
BP’s Deepwater Oil Spill – Oil Spill Cementing – Open Thread
We have not had an open thread on the oil spill in a while. The oil spill commission released a letter with an attached 38 page analysis this week indicating problems with Halliburton's cementing.
This is a link to the letter from Mr. Bartlit to the Oi...
Shale Gas—Abundance or Mirage? Why The Marcellus Shale Will Disappoint Expectations
Shale gas plays in the United States are commercial failures and shareholders in public exploration and production (E&P) companies are the losers. This conclusion falls out of a detailed evaluation of shale-dominated company financial statements an...
Highlights from Seventh Advances in Energy Studies Conference in Barcelona
Last week, I participated (as an invited speaker) in the 7th Advances in Energy Studies Conference in Barcelona, Spain. Other invited speakers were Charlie Hall, Joe Tainter, Marcel Collel, and Seth Blumsack. Other Oil Drum staff members at the confere...
