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Just How Accurate Are The EIA’s Predictions?

Just How Accurate Are The EIA’s Predictions? The EIA recently published the February edition of their Short-Term Energy Outlook. If you follow this month to month, and I do, you will notice their prognostications change a little every month. And over several months those small changes can add up to some rather dramatic changes. Nevertheless, below […]

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EIA Short Term Energy Outlook

EIA Short Term Energy Outlook The EIA is out with the latest Short Term Energy Outlook. All charts below are in million barrels per day. The one table is in thousand barrels per day. The projected data is through December 2016. The EIA has Non-OPEC total liquids dropping 620,000 bpd in September, up 280,000 bpd in November […]

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Oil Production Boom Is Not What It Seems As Future Investments Are Uncertain

Oil Production Boom Is Not What It Seems As Future Investments Are Uncertain Amid a holiday-dappled week, we barrel in to Wednesday without the presence of the weekly oil inventory report; we will have to wait until tomorrow at 11am (EDT) for that. We do, however, get the API report after market close, although the […]

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The EIA’s Short-Term Guessing Game

The EIA’s Short-Term Guessing Game The EIA’s Short-Term Energy Outlook came out a few days ago. That is where they try to guess the future production and price for oil, for the USA as well as the world. As of late they seem to be getting a little timid with their predictions. They are saying not much […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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