Hoarding is exactly what the government is doing right now by filling the SPR, and frankly it's the best thing that could happen. It drives prices up. High prices encourage demand destruction. They also finance new well development. The hoarded oil gives us a buffer to fall back on once shortages become more prevalent. High prices are what we need in order to adapt to what's coming, and the sooner they happen, the better.
Posted: Thu Apr 12, 2007 11:01 pm Post subject: EIA International Energy Outlook 2007
The International Energy Outlook 2006 (IEO2006) presents an assessment by the Energy Information Administration (EIA) of the outlook for international energy markets through 2030. U.S. projections appearing in IEO2006 are consistent with those published in EIA’s Annual Energy Outlook 2006 (AEO2006), which was prepared using the National Energy Modeling System (NEMS).
Posted: Tue May 22, 2007 8:22 pm Post subject: Re: EIA International Energy Outlook 2006
Just out.
International Energy Outlook 2007
The International Energy Outlook 2007 (IEO2007) presents an assessment by the Energy Information Administration (EIA) of the outlook for international energy markets through 2030. U.S. projections appearing in IEO2007 are consistent with those published in EIA’s Annual Energy Outlook 2007 (AEO2007), which was prepared using the National Energy Modeling System (NEMS).
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