Comments on: Most Enhanced Oil Recovery Remains Confined to Non-Conventional Fields http://www.aspousa.org/index.php/2010/05/most-enhanced-oil-recovery-remains-confined-to-non-conventional-fields/ Truth in Energy Thu, 09 Feb 2012 04:46:02 +0000 http://wordpress.org/?v=2.6.2 By: Dag Johansen http://www.aspousa.org/index.php/2010/05/most-enhanced-oil-recovery-remains-confined-to-non-conventional-fields/#comment-4076 Dag Johansen Fri, 04 Jun 2010 20:45:05 +0000 http://www.aspousa.org/?p=3550#comment-4076 Up by less than 1 million barrels in the last 30 years? Those CERA projections that heavily rely upon much larger EOR are surely not going to be met. They seem to have an "faith-based" view on "technology" coming to save us. Technology does always progress but you cannot reliably forecast it. A fancy new technology may come to save the day . . . or it may not. Building your plans based upon an assumption of significant technological is not planning at all. It is hoping. The same types of unrealistic assumptions of technological progress are also often made by electric vehicle proponents. Such advances in EV technology may also fail to materialize. But lets hope that either EOR or EV technology (or both) has a major break-through since we will otherwise end up in a very bad situation. Up by less than 1 million barrels in the last 30 years? Those CERA projections that heavily rely upon much larger EOR are surely not going to be met. They seem to have an “faith-based” view on “technology” coming to save us.

Technology does always progress but you cannot reliably forecast it. A fancy new technology may come to save the day . . . or it may not. Building your plans based upon an assumption of significant technological is not planning at all. It is hoping.

The same types of unrealistic assumptions of technological progress are also often made by electric vehicle proponents. Such advances in EV technology may also fail to materialize. But lets hope that either EOR or EV technology (or both) has a major break-through since we will otherwise end up in a very bad situation.

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