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OTC: Economic Forecasts Predict Energy’s Future

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By Jennifer Presley, Hart Energy
May 7, 2014

Questions are like opinions in that everyone has them and rarely are either in short supply, especially in the oil “bidness.” The task of finding answers to some of the big questions—like possible U.S. energy independence and the growth or shrinkage of markets—falls to economists.

These modern-day soothsayers consult not tea leaves but their less-exotic spreadsheets and reports for possible clues in forecasting.

One such forecast is BP’s “Energy Outlook 2035.” According Mark Finley, BP Plc’s (NYSE: BP) general manager of global energy markets, the report reflects the company’s effort ...

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