The numbers don’t add up to U.S. energy independence
Energy independence. It’s so easy to say, but oh so hard to actually accomplish, which is why the United States has been a consistent importer of oil since the late 1940s.
decline rate
Will the International Energy Agency’s oil forecast be wrong again?
The famous Danish physicist Niels Bohr once humorously observed, "Predictions are very difficult, especially about the future." And so, as the world considers yet another rosy oil supply forecast, this time from the Paris-based International Energy Agency, it is worth reviewing the agency’s record.
Depletion: The one word oil optimists refuse to utter
With the media awash in stories telling us how much oil is being discovered around the world, there is one word which the optimists quoted in these stories refuse to utter: Depletion.