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104 comments on EIA: Annual Energy Outlook 2006

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BioDiesel on February 15, 2006 - 4:07am Permalink | Subthread | Comments top
I'm speechless.

Domestic Crude Oil Production
Begins To Decline After 2016

The graph actually shows domestic production bouncing up in a big way between now and 2016.

And this is the assumption that ANWR will not be touched!

I bet the EIA crew comes here and reads this.  They say to one another "yep TOD is right on the money, too bad we would get fired if we didn't put out this propaganda.... aka Future energy Outlook".

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Generaly on February 15, 2006 - 11:57am Permalink | Subthread | Parent | Comments top
I have always wondered who is looking at this blog...it has been implied that some high-level investors and government officials drop in, and that some of the people who are regulars have "high-level" contacts in various areas.  Because of this, I am guessing that there are a whole bunch of conflicting motives for the manipulation of what goes on here.  However, because anything that is posted here has to withstand the force of those conflicting motives, and considering my usually highly cynical nature, I have a relatively high level of trust of the overall conclusions presented on this blog.

I wish we would hear more from the Abundant Oilers - if any of you are listening, let me ask you some questions: "How does it feel to have people call you liars?  How does it feel to be a part of a system that will lead to the majority of the people being blindsided by some nasty scenarios?  If you see that people's lack of the ability to effectively plan has led to massive hardship and even death, will you take any responsibility?"

Come on Abundant Oilers - come out and defend yourself!  Get your buddies who aren't on this blog to join and fight using your cold, hard data.

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BaSE on February 15, 2006 - 3:46pm Permalink | Subthread | Parent | Comments top
What I don't understand is why speculation is blamed for the oil prices.  Speculators can't receive the oil and knowing that, all they can do is contribute to volitility, since they don't consume the product and must sell at some point.  Also while we look hard at our own oil inventories, the price of oil is set globally.  So increases in our inventories can have the opposite effect that one might expect, because someone had to go without.

Here is another interesting article:

http://www.mywesttexas.com/site/news.cfm?newsid=15933008&BRD=2288&PAG=461&dept_id=474107 &rfi=6

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Generaly on February 15, 2006 - 9:41pm Permalink | Subthread | Parent | Comments top
I agree BaSE.  Maybe your article had a bit of truth to it if they were talking about short-term movements, I couldn't really tell what their timeframe was.  I do some trading in the gold market, and there is no doubt in my mind that the gold market is being manipulated by...the central banks!  I have no doubt that they would do anything to keep the price of gold down, and the apparent value of their currencies up.  So, I wonder if this last plunge in the oil price wasn't caused by intense selling by folks like the Saudis.  Anything to keep the boat from rocking, but then again, I am so cynical that I shock myself sometimes.
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104 comments on EIA: Annual Energy Outlook 2006

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