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Recommend DOE Still Disavows Peak Oil Forecast, Despite New Studies (Email)

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by: Julia Harte  |  SolveClimate http://www.truthout.org/doe-still-disavows-peak-oil-forecast-despite-new-studies59372

Gulf oil spill adds pressure for release of "proprietary database" behind DOE's optimism.

The U.S. Department of Energy has long disavowed peak oil theory: the notion that annual world oil production will peak, plateau, and then enter a decline. But the agency’s stance appears increasingly at odds with the future predicted by many world energy analysts, including the US military.

In February, the United Kingdom Industry Taskforce on Peak Oil and Energy Security—a group comprised in part by renewable energy companies—published a report warning that global peak oil would probably occur within the next decade.

And in March, the U.S. Joint Forces Command released its Joint Operating Environment 2010 report, a forecast of likely national security challenges. Drawing on several energy information sources, the report concluded that "world surplus oil production could disappear by 2012, and shortages of 10 million barrels per day could be seen as soon as 2015."


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