Why the World's Appetite for Oil Will Peak Soon
Conventional wisdom about steadily rising demand is wrong. Within two decades, global oil use will start to fall.
"The world's economy is experiencing transformational changes that will dramatically alter patterns of energy use over the next 20 years. Exponential gains in industrial productivity, software-assisted logistics, urbanization, political turmoil in key regions of the developing world, and large bets on renewable energy are among the factors combining to slow the previous breakneck growth for oil."
WSJ • May 5, 2015
U.S. House of Representatives Testimony
How the Changing Dynamics of World
Markets Impact our Economy and Energy Security
"While it is true that rising U.S. oil production was what put OPEC under pressure in the first place, the decision by key member states such as Saudi Arabia, Kuwait, the United Arab Emirates and Qatar, to allow oil markets to remain oversupplied is driven mainly by broader geopolitical concerns which coincide with the United States."
China's Energy Hedging Strategy: Less than Meets the Eye for Russian Gas Pipelines
"China's growing energy relationship with Russia might be best understood as a hedging strategy to lock in multiple suppliers to reduce Chinese exposure to supply disruptions and to leverage cheaper energy imports. When faced with liquefied natural gas prices that have exceeded $20 per thousand cubic feet in recent years, China clearly has an interest in seeking alternative sources of supply from lower-cost providers."
Exploring the Role of Natural Gas in U.S. Trucking
"The emergence of natural gas as an abundant, inexpensive fuel in the United States has raised the possibility of a larger shift in the level of natural gas utilized in the transportation sector. The cost advantages of natural gas vis a vis diesel fuel and the diversity of its geographical sources in North America raises the possibility that natural gas can increase the global competitiveness of the U.S. transportation supply chains."
"I don't have to come up with a technology that provides this great amount of energy that replaces an oil field in Saudi Arabia. I just have to come down to something on a small scale, and then I need people to think about their energy use as a solution on a small scale. I really think that's going to be the key".
TEDx Energy Policy • January 5, 2015