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Global Oil Market Forecasting: Main Approaches & Key Drivers

Center on Global Energy Policy, 11 February 2014

The Center on Global Energy Policy hosted a presentation and discussion with Steven Kopits, Managing Director, Douglas-Westwood, on the different approaches to global oil market forecasting. Mr. Kopits' remarks focused on both supply and demand-based methodologies, including how these models result in different assumptions and implications for oil supply (OPEC and non-OPEC), total oil demand and oil price. He also reviewed other key drivers such as changes in the transport sector and overall economic growth and discussed how these variables can further impact oil demand and supply.

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‘Big oil’ production decline

Platts, 14 February 2014

The biggest western oil companies are continuing to see their oil output decline, despite record investment in recent years spurred by sustained crude prices in excess of $100/barrel, according to data released by the companies.

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US Oil Demand Returns to Growth

Energy Collective, 17 February 2014

After three straight years of declining oil consumption and a substantial net reduction since 2005, preliminary estimates suggest that US demand for petroleum and its products grew by 2% last year. In the estimation of the International Energy Agency (IEA) US demand growth in 2013 even outstripped that of China. However, it strikes me as an exaggeration–or at least premature–to see signs, as a recent headline in the Financial Times suggested, that "America returns to gas-guzzling oil demand." Is this a new trend, or just another blip?

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Police Minister Jack Dempsey orders probe into bridge suicide victims

Brisbane Times, 18 February 2014

Police Minister Jack Dempsey has asked Police Commissioner Ian Stewart to investigate complaints of Queensland Water Police delays in recovering bodies under the Story Bridge. CityCat and ferry staff say water police often do not have the necessary staff and vessels and have to commandeer transit vessels to collect bodies from the river. They say they have been ‘‘traumatised’’ after having to deal with bodies of suicide victims.

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Amory Lovins: energy visionary sees renewables revolution in full swing

The Guardian, 18 February 2014

Amory Lovins last year harvested from his small garden more than 30 pounds of bananas, along with guava, mango, papaya, loquat, passion and other exotic fruit. Nothing remarkable in that, except that the energy analyst and chief scientist of the Rocky Mountain Institute (RMI) does not live in the tropics but in an unheated house 6,500 feet up a mountain near Aspen, Colorado, where the temperature falls to -44C and where last week more than two feet of snow fell in less than 24 hours.

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RAC Bike Futures Perth Seminar: March 20-21

The RAC Bike Futures Perth Seminar is the leading event for bicycle planning in Western Australia. Focussed on making it easier for everyone to ride, the seminar highlights WA-based initiatives and showcases successful planning tools being used around the country. This year, speakers will lead discussion on how sustainable policy can be implemented and hurtles overcome.

A pre-seminar bike tour will be given the day prior, on 20 March, giving a first-hand look at Perth's biking infrastructure. The tour will be followed by an informal dinner and networking. The seminar will take place on Friday, 21st of March at the RAC Club of Western Australia from 9:00am-4:30pm. Informal drinks and networking to follow. 

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Jets over London issued ҭaydayҠcalls and diverted to Manchester at height of Valentineӳ Day storm

The Independent, 16 February 2014

Five jets that were set to land at Heathrow and Gatwick during the Valentine’s
Day storm were forced to issue distress calls as they were thrown around “like
paper planes”, it has been reported.

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Many private [UK] train operators leave passengers dissatisfied, survey finds

The Guardian, 17 February 2014

Passengers travelling with the majority of Britain's train operating companies are dissatisfied and would not recommend their service, a survey by the consumer group Which? has found. The survey of more than 7,400 regular passengers produced satisfaction scores of 50% or less for 11 out of 19 train operators surveyed.

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China learns building planes isn’t easy

Sydney Morning Herald, 14 February 2014

Chinese planemaker COMAC is learning the hard way as it tries to compete with heavyweights Airbus and Boeing in developing a narrow-body aircraft, apparently exposed to the perils of the supply chain and program management issues. Advance orders for Commercial Aircraft Corp of China Ltd's C919 have slowed to a trickle, with the company setting a modest target of 30 orders for this year. Total orders for China's only homegrown commercial jet last year stood at 400.

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Solar Power Industry Now Employs More U.S. Workers Than Coal and Oil Combined

Occupy, 12 February 2014

Welcome to the future, it’s already here. Solar employs and nuclear destroys; we have ample evidence of that, and with the annual U.S. solar jobs census we now have proof that solar power isn’t just providing energy without destroying our oceans and contaminating the earth and air with strontium, caesium and barium, among other chemicals. It is providing more than 143,000 Americans a paycheck. – See more at:

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