Trisha Curtis recently completed a detailed assessment of U.S. oil shale production in a low price environment. The research effort was supported by both EPRINC and the Oxford Institute of Energy Studies (OIES).
Max Pyziur and Lucian Pugliaresi on Technical Constraints and Cost Risks from the Renewable Fuel Standard
Under US law, increased volumes of biofuels must be blended into gasoline and diesel fuels. A variety of factors, including future demand for transportation fuels, falling crude oil prices and technological constraints, are all providing new challenges to successfully implementing the biofuel mandate.
This EPRINC assessment demonstrates that the RFS (Renewable Fuel Standard) requirements create considerable long-term costs, risks, and uncertainties to fuel producers, and are likely to raise transportation fuel costs substantially.
EPRINC has just published a primer on condensate. The full report is available at the following link.
A report by John Shages, Deputy Assistant Secretary for Petroleum Reserves, at the Department of Energy between 2003-2007. He is a guest author for the Energy Policy Research Foundation.
