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$10-Trillion Investment Needed To Avoid Massive Oil Price Spike Says OPEC

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The OPEC published its World Oil Outlook 2015 (WOO) in late December, which struck a much more pessimistic note on the state of oil markets than in the past. On the one hand, OPEC does not see oil prices returning to triple-digit territory within the next 25 years, a strikingly bearish conclusion. mb/d for 2035 to 2040.

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CFR Report Says Energy Security and Climate Change Concerns With Oil Sands Can be Reconciled

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A new report from the Council on Foreign Relations (CFR)— The Canadian Oil Sands: Energy Security vs Climate Change — claims that prudent greenhouse gas regulations can limit emissions from Canadian oil sands while still enabling robust development of the energy resource.

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MIT/RAND Study Concludes Three Types of Alternative Jet Fuel May Be Available in Commercial Quantities Over the Next Decade

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Production of commercial quantities of HRJ depends on the availability of appropriate feedstocks at competitive prices. Other key findings from the report include: Alternative-fuel production benefits commercial aviation regardless of its use in aviation. Alternative jet fuels will have a limited impact on fuel price volatility.

MIT 250
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Inaugural Quadrennial Technology Review report concludes DOE is underinvested in transport; greatest efforts to go to electrification

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Although biofuels have other economic or security advantages, DOE understands that any drop-in liquid fuel will not insulate consumers from the global oil price. Yet, reliance on oil is the greatest immediate threat to US economic and national security, and also contributes to the long-term threat of climate change.

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IEA World Energy Outlook 2013 sees CO2 emissions rising by 20% to 2035; oil use on upward trend

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Low-carbon energy sources (renewables and nuclear) meet around 40% of the growth in primary energy demand. High oil prices, persistent differences in gas and electricity prices between regions and rising energy import bills in many countries focus attention on the relationship between energy and the broader economy.

Oil 275