Oil Prices Drive Projected Enhanced Oil Recovery Using Carbon Dioxide

Oil-fuel-nodding-donkeys

In the 2014 Annual Energy Outlook (AEO2014) (eia.gov/forecasts/aeo/index.cfm) EIA projects that the price of oil will largely determine whether to use carbon dioxide (CO2) enhanced oil recovery (EOR) technologies to extract additional crude oil from existing producing fields, as revealed in this feature by Philip Budzik and Dana Van Wagener.

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