The IEA’s latest World Energy Outlook has been released and at a ‘mere’ 464 pages, did not crash the internet. (When I was a boy, we would say its release meant the death of many trees for the printing.) As always, there will be any number of pundits gunning for it and I”ve got ol’ Betsy loaded with 10-gauge. To pick one tiny part of the report, the figure below shows the forecasts of prices under three scenarios (I know, Fatih, they are not predictions but scenarios.) I have interpolated between the points provided by the IEA; few bother to produce year-by-year price forecasts any more.
