The US Energy Information Administration (EIA) regularly updates its estimates for how much oil and gas might be recovered in the future, and at what rate. With the application of new technology from year to year, those estimates generally keep going up. But it\u2019s important to remember that they are just estimates \u2014 and the devil is always in the details.<\/p>\n
Our guest in this episode is a career geoscientist who has diligently delved into those devilish details. In his new reports, he finds that EIA\u2019s Annual Energy Outlook 2016<\/em> seems to significantly overstate how much oil and gas might be recovered using fracking technology, with estimates for shale gas and tight oil production that exceed the estimates for how much of those resources are even technically recoverable. In this extended and technically detailed interview, we discuss EIA\u2019s most recent forecasts and try to understand what\u2019s realistic for future US hydrocarbon production.<\/p>\n","protected":false},"excerpt":{"rendered":" The US Energy Information Administration (EIA) regularly updates its estimates for how much oil and gas might be recovered in the future, and at what rate. With the application of new technology from year to year, those estimates generally keep going up. But it\u2019s important to remember that they are just estimates \u2014 and the […]<\/p>\n","protected":false},"author":4,"featured_media":0,"menu_order":0,"comment_status":"open","ping_status":"open","template":"","meta":{"_acf_changed":false,"footnotes":""},"categories":[111,1145],"tags":[161,162,163,18,20,164,16,165,166,167,19,91],"class_list":["post-475","xen_episodes","type-xen_episodes","status-publish","hentry","category-energy-transition-show-podcasts","category-free-complete-shows","tag-aeo-2016","tag-david-hughes","tag-eia","tag-energy-transition","tag-fracking","tag-gas-prices","tag-oil-prices","tag-production","tag-reserves","tag-resources","tag-shale-gas","tag-tight-oil","xen_guests-david-hughes"],"acf":[],"yoast_head":"\n