My long-term views are shaped by results from the US EIA’s long-term projections to 2050

Introduction

This week’s column wraps up my consideration of the US Energy Information Administration, EIA’s, International Energy Outlook 2019 with projections to 2050. I have offered this Report as one of three publications that have made all the difference in shaping my long-term understanding of the on-going global energy dynamic. Above all, this particular report has provided me with guidance on what I have labelled elsewhere as a “foundational consideration; that is, predicting the status of petroleum liquids and natural gas as sources of global primary energy consumption over the long-term (secular)”

There are several long-term/secular studies on this topic. These include studies conducted by global energy organizations, energy firms, academic institutions, national governments, as well as individual analysts. My choice indicated here is not intended to convey a rejection of any similar projection