The Oil Drum | EIA: Annual Energy Outlook 2006

104 comments on EIA: Annual Energy Outlook 2006

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Freddy Hutter on February 18, 2006 - 10:25pm

Drilling down into the EIA/AEO data, i see that the max 2025 outlook has been pushed out to 2030 in this new release. The reference case is down 8%; but the high price case production has been cut an incredible 12%. And peaks at 102-mbd. We will show the modified graph for this and ASPO after the Olympics. The merging continues...

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Agric on February 19, 2006 - 12:22am

Thanks Freddy. EIA suggesting possible peak at 102 mbpd sounds very ominous, I guess that's about 2015. I wonder how long it'll be before CERA begins to shift towards the median?

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Agric on February 19, 2006 - 12:32am

Just checked your site, seems that the EIA is anticipating a considerable reduction in rate of production growth compared with the previous high price scenario, with peak still as late as 2030 maybe. That's only half the rate of production / consumption increase we've had in the last 5 years despite tripling of price over that time. Smells a bit odd.

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104 comments on EIA: Annual Energy Outlook 2006

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