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North America Energy Landscape: A Presentation

EconMatters's picture




 

By EconMatters

EconMatters had the pleasure of speaking at the 2012 Ontario Advocis School for the Financial Advisors Association of Canada on August 14, 2012.  

 

In this presentation, we give a high level comprehensive look at the unconventional energy in the U.S. and Canada, the impact from the shale drilling boom, constraints and challenges of the oil industry, and the near term outlook of the oil and gas market.  Hope readers will find the presentation at least interesting as well as informational.


[Note: The near-term price outlook in the presentation reflects only the current market fundamental supply and demand factors, and does not include a scenario of extreme geopolitical or weather events.]   

 

 

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Thu, 08/16/2012 - 04:45 | 2709468 Laura S.
Laura S.'s picture

From the point of a person who lives in BC and works for the oil company, I can assure you we haven´t come to the peak of all discoveries yet. In the next 100 years, there will be enough oil for the whole planet. Our economy is so heavily dependent on it, that we can´t switch to other resource (Economy in British Columbia).
What should bother us in the near future are the lithium reserves. It will be our computers running our economy, not cars.

Wed, 08/15/2012 - 18:52 | 2708567 bankruptcylawyer
bankruptcylawyer's picture

old news.

Wed, 08/15/2012 - 18:51 | 2708560 BeetleBailey
BeetleBailey's picture

Great read. Many Thanks

Wed, 08/15/2012 - 18:24 | 2708494 disabledvet
disabledvet's picture

Just ignore the weather and geo politics? That's all we've been trading on the past month. If the first Gulf War is any example you want to "buy massively on the rumor and sell even more so on the fact."

Wed, 08/15/2012 - 18:19 | 2708483 Urban Roman
Urban Roman's picture

 

Frackashackalacka

What could possibly go wrong with that?

Wed, 08/15/2012 - 17:01 | 2708237 Pubcoceo
Pubcoceo's picture

im not sure I am still buying this peak oil story,

ww.usnews.com/opinion/blogs/on-energy/2011/09/14/abiotic-oil-a-theory-worth-exploring

 

Wed, 08/15/2012 - 19:27 | 2708665 Seer
Seer's picture

Yeah, and the gravity story... this shit really puts a damper on our desire for perpetual growth!

Wed, 08/15/2012 - 16:49 | 2708196 SelfGov
SelfGov's picture

BAH 60% by 2040?

US increasing production until 2030?

The "tight" oil production will peak well before that...

Wed, 08/15/2012 - 16:18 | 2708069 Skateboarder
Skateboarder's picture

Nice presentation, enjoyed the read. Although oil reserves are at their highest at the current, we need to be working on getting natural gas streamlined for planet-wide use NOW. The forecast energy demands for India and China are quite forgiving - these people have just come online in the last decade and they are hungry for power!

Am also quite concerned about the quality of engineering programs today, the competence of engineers to come, and what seems to be a general lack of on-the-job training.

Wed, 08/15/2012 - 17:02 | 2708241 AnAnonymous
AnAnonymous's picture

Although oil reserves are at their highest at the current,

______________________________

Typical 'Americanism': it is not possible to consider that Earth reserves in oil included the already consumed oil.

Consider this: a place has 100 units of Y.

25 are first discovered and immediately consumed.
35 are later discovered and consumed.
The last 40 are discovered, reserves in Y are at their highest...

Dont imply that reserves were at the highest before any consumption was performed. It is another reality US citizens can not cope with.

Wed, 08/15/2012 - 19:30 | 2708676 Seer
Seer's picture

Yes, excellent point!  Nothing beats sound math and logic!

NOTE: The US does have a lot more fossil fuel reserves than China does; and, yes, it's a matter of rates of extraction (the US could avoid importation of energy for a while if per-capita consumption was about 1/4 of what it is currently).

Wed, 08/15/2012 - 18:22 | 2708489 disabledvet
disabledvet's picture

Right up there with the collapse of gasoline consumption I imagine. Even bigger in the EZ from what I hear.

Wed, 08/15/2012 - 16:44 | 2708169 SwingForce
SwingForce's picture

Check out what this company can do with Natural Gas & BioGas for that matter

http://www.fuelcellenergy.com/

Wed, 08/15/2012 - 16:13 | 2708053 SwingForce
SwingForce's picture

Thank you very much.

Do NOT follow this link or you will be banned from the site!