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Posts on ‘October 25th, 2013’

Shell’s flawed Scenarios predictions

Screen Shot 2013-03-01 at 22.08.52Shell has been forecasting dramatic increases in its own production (which have never materialised) for years. If they cannot accurately forecast how their own assets will perform, how can they expect to forecast the whole world’s activities. Vince Cable was actively involved in scenario planning development while at Shell. Need I say more?

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Screen Shot 2013-10-25 at 10.27.00By John Donovan

In the last several days there have been several articles published telling the world about the latest predictions from the famed Shell Scenarios soothsayers forecasting peak oil and the end of the oil era.

Shell says the end of the oil era is 2070: Mother Nature Network (blog)-by Jim Motavalli-Oct 18, 2013
Like the UN with its high, medium and low predictions, Shell is saying ” if … By 2070, the passenger road market could be nearly oil-free and …

Shell predicts petroleum-powered cars will be ‘nearly’ gone by 2070 …: Autoblog (blog)-by Sebastian Blanco-Oct 18, 2013
“By 2070, the passenger road market could be nearly oil-free.” That’s the key line (for us, anyway) in a report out from Shell titled New Lens …
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