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U.S. Dept. of Energy's insight and direction: missing in action

GasBuddy Blog -- When people who follow the oil industry try to look ahead most of us, I think it’s safe to say, do so with vision that is often predicated on (and perhaps impaired) by powerful assumptions. Commentary on where oil and gasoline prices may be going is easy to find; but what’s difficult is finding credibility that emerges from conviction and that can only materialize when we have proof that our assumptions are correct.

Last month the U.S. Dept. of Energy’s Energy Information Administration published its 2012 DOE Annual Energy Outlook & Forecast to 2035. If you're expecting to find insight on how the government looks ahead, you'll be disappointed.

According to the DOE, “the projections in the U.S. Energy Information...


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Submitted Aug 01, 2012 By: PD
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Author Topic: U.S. Dept. of Energy's insight and direction: missing in action Back to Topics
REPLIES (newest first) Post a Reply
honda0105
Champion Author Tallahassee

Posts:24,041
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Message Posted: Aug 5, 2012 7:23:30 AM

outlook schmoutlook. My crystal ball is just as good in predicting the way as theirs.
bikerchicklette
Champion Author Washington

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Message Posted: Aug 3, 2012 8:58:41 AM

ok
SkooterG
Champion Author Phoenix

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Message Posted: Aug 2, 2012 1:36:54 PM

'Insight' and 'government' don't mix.
livedream
Champion Author Michigan

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Message Posted: Aug 2, 2012 1:26:50 PM

This doesn't surprise me......
snappytom2
Champion Author Corpus Christi

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Message Posted: Aug 2, 2012 1:19:21 PM

Hmm.
ezone
Champion Author Florida

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Message Posted: Aug 2, 2012 1:09:58 PM

Yesterday's article, yesterday's news.
Go_E85
Champion Author Orange County

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Message Posted: Aug 2, 2012 1:05:55 PM

...
jd2009
Champion Author Honolulu

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Message Posted: Aug 2, 2012 1:05:42 PM

Ok
bell05
Champion Author Atlanta

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Message Posted: Aug 2, 2012 1:04:46 PM

Yesterday's news.
texasvet
Champion Author Texas

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Message Posted: Aug 2, 2012 1:00:30 PM

In other words, it's worthless.
nztyraider
Champion Author Nevada

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Message Posted: Aug 2, 2012 12:59:53 PM

Get Chuck Norris to find them.
stevekr
Champion Author Oregon

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Message Posted: Aug 2, 2012 12:52:46 PM

Drill Here! Drill Now! Pay Less!

For all of you doubters who have e-mailed me it doesn't work. Look at the price of American Crude vs. Brent Crude and then tell me that our prices aren't any lower as a result of of drilling on private land in the Dakotas and Pennsylvania!
Wood_Chopper
All-Star Author South Carolina

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Message Posted: Aug 2, 2012 12:50:08 PM

They always make their prognostications in a bubble
gass12
Champion Author Omaha

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Message Posted: Aug 2, 2012 12:48:30 PM

They have a lot missing in action.
nascar1411
Champion Author Idaho

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Message Posted: Aug 2, 2012 12:43:00 PM

ok
firechief
Champion Author New York

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Message Posted: Aug 2, 2012 12:42:37 PM

yup for a long time know
mycar2
Champion Author Akron

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Message Posted: Aug 2, 2012 12:39:21 PM

does it surprise anyone
RUNNINONEMPTYFL
Champion Author Florida

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Message Posted: Aug 2, 2012 12:37:57 PM

Here we go again...
uptherefiners
Champion Author Chicago

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Message Posted: Aug 2, 2012 12:36:42 PM

definition of oxymoron? U.S. Dept. of Energy's insight.
jimpeel
Veteran Author Colorado

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Message Posted: Aug 2, 2012 12:36:12 PM

To assume makes an ass of u and me.
frugalking
Champion Author Twin Cities

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Message Posted: Aug 2, 2012 12:35:33 PM

This article is old.
rjd1608
Champion Author Toledo

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Message Posted: Aug 2, 2012 12:34:56 PM

ok
TopGunn
Champion Author Baltimore

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Message Posted: Aug 2, 2012 12:34:44 PM

Typical of worthless EIA. Been that way for decades.
vrossi46
Champion Author San Jose

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Message Posted: Aug 2, 2012 12:31:56 PM

what do you expect of overpaid bureaucrats?
jep39
Champion Author California

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Message Posted: Aug 2, 2012 12:31:27 PM

Another waste of government money, but it might have created jobs for more federal bureaucrats.
twiper1
Champion Author San Diego

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Message Posted: Aug 2, 2012 12:30:15 PM

all of obams's people MIA
arcaneradio
Champion Author Michigan

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Message Posted: Aug 2, 2012 12:28:55 PM

They have no problem burning our money when it comes to not looking for energy.
Kick them out in November!
bevmill
Champion Author Georgia

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Message Posted: Aug 2, 2012 12:28:33 PM

Enjoyed the article.
repeater1
Champion Author Topeka

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Message Posted: Aug 2, 2012 12:27:28 PM

Never trust anything from DC
Discovery02
Champion Author Colorado Springs

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Message Posted: Aug 2, 2012 12:27:05 PM

Need to find a government that works together for the good of the people...then we'll make progress.
Bigtex09
Champion Author Dallas

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Message Posted: Aug 2, 2012 12:26:39 PM

interesting
Grismer
Champion Author Kitchener-Waterloo

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Message Posted: Aug 2, 2012 12:25:53 PM

Good article.
littlebigboy
Veteran Author South Dakota

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Message Posted: Aug 2, 2012 12:25:47 PM

It's all a farce
jaccks
Champion Author Kansas

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Message Posted: Aug 2, 2012 12:24:05 PM

whatever
032946
Champion Author Twin Cities

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Message Posted: Aug 2, 2012 12:23:57 PM

OK
CAD69
Champion Author Milwaukee

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Message Posted: Aug 2, 2012 12:22:04 PM

Ok
CPGas1815
Champion Author Michigan

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Message Posted: Aug 2, 2012 12:21:43 PM

I am more concerned that gasoline prices have increased more than 30 cents per gallon during the past 3 weeks.
rippertoo
Champion Author Tacoma

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Message Posted: Aug 2, 2012 12:21:06 PM

How do you predict the unpredictable?
cobbwebb
Champion Author New Hampshire

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Message Posted: Aug 2, 2012 12:19:52 PM

no kidding
madison8359
Champion Author Cleveland

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Message Posted: Aug 2, 2012 12:18:43 PM

Another meaningless report at tazpayer expense.
svspyda
Champion Author San Jose

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Message Posted: Aug 2, 2012 12:17:55 PM

we hv to believe our judgement.:-)
hangupanddrive
Champion Author Michigan

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Message Posted: Aug 2, 2012 12:14:27 PM

Not sure about anything these days. Articles are easily one sided. Who do we believe?
JimL1
Champion Author Phoenix

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Message Posted: Aug 2, 2012 12:13:43 PM

This whole article rates a big fat DUH!
h2ojumper
Champion Author Austin

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Message Posted: Aug 2, 2012 12:13:18 PM

ok
nervous
Veteran Author Ventura

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Message Posted: Aug 2, 2012 12:12:34 PM

FYI
Hads up folks, A storm looks like it's going to form (move into) in the Gulf of Mex. on the 10th/12th of this month and it looks like it can be big enough to effect production. I hope the models back off!
RAC110
Champion Author Massachusetts

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Message Posted: Aug 2, 2012 12:11:44 PM

if all this talk was manure you could grow corn 1 mile high
mossimo36
Champion Author St. Louis

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Message Posted: Aug 2, 2012 12:10:12 PM

ok
gasoutherneagle
Champion Author Georgia

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Message Posted: Aug 2, 2012 12:08:59 PM

I need a shovel to get through this crap!
PoohMcGoo
Champion Author Alabama

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Message Posted: Aug 2, 2012 12:06:15 PM

Our Govt, look ahead.. More like, they're in over their head.
OOXXFF
Champion Author Greensboro

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Message Posted: Aug 2, 2012 12:04:56 PM

Really?
ricoblanco
Champion Author Chicago

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Message Posted: Aug 2, 2012 12:04:04 PM

ok
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