Articles by Steven R. Kopits
The Market Potential of CNG as a Transportation Fuel
In the search for alternative fuels and technologies to oil-based engines, basic cost-benefit analysis is often over-looked, and yet the dissemination of a new technology works is most successful when the market actually wants it. In making an initial assessment of the potential of a new technology, venture capitalists often apply a set of relatively simple tests to determine whether the business potential is there at all.
An Oil-less Recovery
In the last two years, US oil consumption has fallen some 9%, down nearly 2 million barrels per day (mbpd) from 20.7 mbpd in mid 2007, to about 18.8 mbpd
Peak Oil, Not Speculation
In seeking to explain the run up in oil prices from 2004 to 2008, commentators often turn to ‘speculation’ as the primary cause. While speculation


