Inadequate Modeling Based on Inadequate Understanding
Recent Macroeconomic Developments
The Uncertainties Driving Modeling and Forecasting
The Factors That Could Sustain High Demand
The Forces That Could Shape Limited Supply
Shifts in Global Oil Dependence
Growing Asian-Driven Demand for Middle Eastern and North African Exports
European Pressure on Demand and Imports
Growing U.S. Import Dependence in Spite of Failed Energy Bills and Policies
Chinese Import Dependence
The Overall Patterns in Energy Imports
Regional Strategic and Production Risks
South and Central America
Oil Production and Recovery Technologies
Key Technological Developments
The Importance of Investing in Research and Development
Why High Prices Can Be So Important
Oil Production and Production Capacity Forecasts
Issues Related to Middle Eastern Oil
Uncertain Transparency and Uncertain Credibility
World Economic Growth and Consumption
Major Areas of Uncertainty in Energy Modeling of the IEO
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