Every indexed document

the US exported 0.5 mm bpd in refined petroleum products. As a result

which translates into reduced oil consumption of 0.3 mm bpd.

000 miles per year and get 5 mpg (using 12

and for trucks with established routes where refueling stations can be built every 300-400

and a more limited driving range (natural gas tanks generally hold less

Maugeri’s estimate of 300 billion barrels of oil in place are exceeded by larger mean estimates

whose production – although still in its infancy – is

but the most important revolution in the

these are expected by the EIA to offset declines elsewhere (Alaska). The EIA’s

extracted from formations such as Bakken and Eagle Ford

and in turn caused the U.S. to lose the “war

but on its own insufficient to result in energy independence since the US still

and the EU’s decision to deemphasize cropbased

politics around the Keystone XL pipeline

401k contributions and employer-paid health benefits in taxable income.

the cost and availability of electricity and the global balance of

a renewable energy discussion involves facts

European concerns about natural gas dependence on Russia

and has written over 30 books and 300 papers on the subject. In this note

I sit down with Vaclav Smil from the University of Manitoba to discuss “the year in energy”. Vaclav is one of the