3) A large number of factors that limit production have not been incorporated, including the availability of water and natural gas which play a large role in the production of unconventional crude oil.

So the boosters still want to affirm the cornucopian view of future oil production, but by now they feel constrained to try to explain how oil production will increase, rather than just assert it as dogma the way they used to.

But in the same report they still stick to the leprechauns-will-provide model for water and NG? That figures.

I always wonder how much even experts are still unaware of how inextricably linked all resource issues are, as opposed to how much it's just disingenuity.

(E.g., in all the hype about oil shale, I still haven't heard a coherent explanation for where all that water is going to come from, in a political context where there's already a domestic and international brawl over every last acre foot of increasingly overallocated water.)