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Tag Archives: energy information administration
Increasing Demand For Refined Products Will Increase Oil Prices
Increasing Demand For Refined Products Will Increase Oil Prices In last week’s article I posted a chart from the International Energy Agency’srecent Oil Market Report that shows global demand for refined products catching up to supply by the 3rd quarter of this year. My opinion is that all of the analysts who are now blaming the sharp drop […]
Worldwide Drilling Productivity Report
Worldwide Drilling Productivity Report The EIA publishes what they call a Drilling Productivity Report in which they claim that each rig is getting more productive, that is each rig produces just a little more oil each month than it did the previous month. But over the long haul, I find that the exact opposite is true. In […]
U.S. Department of Energy: Our forecasts aren’t really forecasts (or are they?)
U.S. Department of Energy: Our forecasts aren’t really forecasts (or are they?) Put this in the category of things that can’t be true, but that are nevertheless affirmed with a straight face: The U.S. Energy Information Administration (EIA), the statistical arm of the U.S. Department of Energy, does not issue forecasts, at least not long […]
EIA’s Short-Term Energy Outlook 2015 and 2016
EIA’s Short-Term Energy Outlook 2015 and 2016 The EIA has just released their Short-Term Energy Outlook for January. They have now included their predictions for 2016. Here is what they expect for US C+C. I have made the first projected production for December 2014 though the EIA says they have production data for December. All date is […]
Petroleum Truth Report: David Hughes Weighs In on The Fracking Fallacy Debate
Petroleum Truth Report: David Hughes Weighs In on The Fracking Fallacy Debate. In the current debate about the Nature article “The Fracking Fallacy,” the discussion has focused on estimates of cumulative production of shale gas plays by the Energy Information Administration (EIA) and The Bureau of Economic Geology at the University of Texas (UT/BEG). David Hughes provides another estimate in […]
Fracking Fracas: The Trouble with Optimistic Shale Gas Projections by the U.S. Department of Energy Post Carbon Institute
Fracking Fracas: The Trouble with Optimistic Shale Gas Projections by the U.S. Department of Energy Post Carbon Institute. On December 3, 2014, Nature published “Natural Gas: The Fracking Fallacy”, which suggested that the forecasts of the Energy Information Administration (EIA) for four major U.S. shale gas plays were wildly optimistic, based on a comparison to forecasts for […]
Cheap Oil: Too Much Of A Good Thing? | Jaya Bajpai | LinkedIn
Cheap Oil: Too Much Of A Good Thing? | Jaya Bajpai | LinkedIn. The 40% drop in oil prices over the past 6 months has garnered a lot of attention recently, most of it focused on the economic stimulus lower oil prices should provide the global economy, the impact on currency and fixed-income markets and […]
Drilling Deeper Post Carbon Institute
Drilling Deeper Post Carbon Institute. Abstract Drilling Deeper reviews the twelve shale plays that account for 82% of the tight oil production and 88% of the shale gas production in the U.S. Department of Energy’s Energy Information Administration (EIA) reference case forecasts through 2040. It utilizes all available production data for the plays analyzed, and […]
