Closed call for evidence

Call for evidence: Prospects for crude oil supply and demand

This was published under the 2010 to 2015 Conservative and Liberal Democrat coalition government

Summary

The demand for oil has seen a strong recovery following the global recession, but what the demand and supply for oil will look like in the …

This call for evidence ran from
to

Call for evidence description

The demand for oil has seen a strong recovery following the global recession, but what the demand and supply for oil will look like in the future is the subject of much speculation and uncertainty. To improve our understanding of these issues and broaden our evidence base, DECC collected the views of a range of experts including academics, advisory bodies and private business. DECC has sought views and information to better understand the following areas: how oil supply and demand might change in the next one to 40 yearsthe kinds of shifts in supply and demand that can be managed and those that would present a challengewhat future oil prices are plausible A summary of the evidence received and the responses we so far have received permission to publish are available below:

Documents

DECC call for evidence summary: Prospects for crude oil supply and demand

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ITPOES report: Peak oil – implications of the Gulf of Mexico spill

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ITPOES report: The oil crunch – securing the UK's energy future

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UK ERC report: Global oil depletion – an assessment of the evidence for a near-term peak of global oil production

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Transition Network's response to the call for evidence

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ODAC's response to the call for evidence [filetype:pdf filesize: 270.28Kb]

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The peak of the oil age: analyzing the world oil production (Strahan)

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Chatham House white paper: Sustainable energy security – strategic risks and opportunities for business

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Chatham House report: The coming oil supply crunch

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An explanation of oil peaking (R.W.Bentley)

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Shell's response to the call for evidence

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Two hundred barrels left: an analysis of population growth, oil reserves and carbon dioxide emissions (Martin J. Blunt, Imperial College London)

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Summary of evidence from Professor Patrick Corbett

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Response from David Rutledge, California Institute of Technology

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Report on the risks and impacts of potential future decline in oil production

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Published 8 June 2011