EIA sees future of energy abundance
June 1st, 2010 by Jim JustGail the Actuary (Gail Tverberg) has a thought-provoking post at The Oil Drum about the Energy Information Administration’s new Energy Outlook 2010.
Any clouds on the horizon? Not according to the EIA. This graph shows projected energy consumption out to 2035.
Peak oil? Not a chance.
The growth in liquid fuel supplies is to be spurred by increased demand. Ask, and it shall be yours.
Here’s the most amazing projection: after steady declines for nearly 40 years, U.S. oil production is going to resume a growth track!
The odds of this scenario actually coming to pass were about nil – even before the Deepwater Horizon fiasco. This is magical thinking at its most absurd.
If the EIA’s projections were to play out, what would that mean for efforts to stop global warming? Apparently, no one at EIA is even asking.
We ought to establish a new category here – for “fantasy” or maybe “fiction”.