On September 4, 2025, Energy Policy Research Foundation Distinguished Fellow Michael Lynch was published in Forbes. His article, entitled “Shale Oil Pessimism Could Be Overdone“, included a quote from another Distinguished Fellow, Trisha Curtis, in her piece “US Shale Oil Dynamics in a Low Price Environment” published by the Oxford Institute of Energy Studies.
The Energy Policy Research Foundation has written on this topic before, and has released several pieces discussing how forecasting, particularly oil supply forecasting, is fraught with underestimates. A slide from a recent EPRINC presentation that covers this can be found here.
