The big wild card behind the oil boom headlines
The big wild card behind the oil boom headlines / Michael Levi, Energy, Security, and Climate, 14/11/2012
http://blogs.cfr.org/levi/2012/11/14/the-big-wild-card-behind-the-oil-boom-headlines
The International Energy Agency (IEA) made headlines around the world earlier this week when it published a major report predicting that the United States would pass Saudi Arabia to become the world’s largest oil producer by 2017. It is a striking conclusion that reinforces much of what industry analysts have been writing for the past several months.
But buried in the report is a major assumption that underpins its conclusions: the IEA analysts assume that OPEC producers will hold a substantial amount of oil off the market in order to prop up prices. A similar assumption, often implicit rather than explicitly stated, underlies many other optimistic analyses too…
OpenEdition vous propose de citer ce billet de la manière suivante :
Danièle Revel (16 novembre 2012). The big wild card behind the oil boom headlines. Veille énergie climat. Consulté le 21 janvier 2025 à l’adresse https://doi.org/10.58079/o9y5
