Thursday, May 8, 2014

Peak Oil and the Outlook for Oil Supply and Demand

This is a presentation I gave last week to the Adhesive and Sealant Council annual convention in Orlando.

The presentation starts with an explanation of the current state of the debate surrounding peak oil. I then move into the outlook for the supply and demand curves going forward. I use the "marginal cost curve" for crude oil to go one-by-one through the various sources of oil supply around the world. I then talk about the future outlook for crude oil demand and the possibility of "peak oil demand" as predicted by The Economist. Finally, I finish with some advice for people working in companies that will be directly affected by peak oil.