Daily Archives: July 12, 2012

The new paper from the Belfer Center at Harvard on the prospect of sharply rising oil production over the next decade is a substantial and interesting piece of work.   The headlines, however, oversell the content.  America isn’t about to be self-sufficient in oil or to start exporting a surplus.  Around the world there is indeed plenty of oil but politics are likely to keep production well below the physical potential.

The report “Oil: The Next Revolution” by Leonardo Maugeri, is based on a detailed field by field analysis of the world’s oil resources. Read more