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Tag Archives: international energy agency
Peak Affordable Oil
…click on the above link to read the rest of the article… It is quite obvious that high oil prices in the last 3-4 years Fig 1: WTI spot prices to 23/1/2015 http://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=pet&s=rwtc&f=w have reduced demand for oil, as shown in this IEA graph for OECD countries: Fig 2: Oil demand in OECD countries Oct […]
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 […]
IEA Provides First Sign That Tide May Be Turning For Oil Prices
IEA Provides First Sign That Tide May Be Turning For Oil Prices Last week, energy investors got the first of several reports that should confirm for Wall Street analysts that the physical markets for crude oil are responding to the sharp drop in oil prices. I believe supply/demand will work back to a balance during […]
Iraq Could Be Oil Market Linchpin
Iraq Could Be Oil Market Linchpin. As hard as it may be to imagine, given today’s rock bottom oil prices and abundant supplies, the world may still struggle to bring enough oil online over the next few decades to meet long-term demand. Global economic growth over the next several decades is predicated on continued growth […]
IEA Cuts Global Oil Demand Forecast for 4th Time in Five Months – Bloomberg
IEA Cuts Global Oil Demand Forecast for 4th Time in Five Months – Bloomberg. Global oil demand next year will be weaker than previously estimated and supply from non-OPEC producers will be bigger, theInternational Energy Agency said. Consumption will expand by 230,000 barrels a day less than estimated in November, the Paris-based adviser to 29 nations […]
Will New Technologies Give Critical Boost to Solar Power? by Cheryl Katz: Yale Environment 360
Will New Technologies Give Critical Boost to Solar Power? by Cheryl Katz: Yale Environment 360. Today, despite recent progress, solar power accounts for about one percent of the world’s energy mix. Yet the International Energy Agency (IEA) says that solar energy, most of it generated by decentralized “rooftop” photovoltaic systems, could well become the world’s single […]
Watching the Watchdogs: 10 Years of the IEA World Energy Outlook « integral permaculture
Watching the Watchdogs: 10 Years of the IEA World Energy Outlook « integral permaculture. The International Energy Agency (IEA) is the energy watchdog of the industrial world. The developed nations of the world were caught off guard by the oil crisis of 1973. They then realized energy resources are so fundamental to all of civilization, […]
Peak Oil Notes – Oct 16
Peak Oil Notes – Oct 16. The price plunge which began in mid-June when New York oil futures trading around $105 a barrel continued this week with oil touching $80 on Wednesday before recovering to close at $81.78. London’s Brent crude underwent a similar collapse to close yesterday at $83.46. Weak demand: increasing US shale […]
