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IEA Oil Assurances Lies; Oil Reserves Claims Wildly Overblown

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  • Richard Risemberg
    ... http://tinyurl.com/oilylies Rick -- Richard Risemberg http://www.bicyclefixation.com http://www.newcolonist.com http://www.rickrise.com [Non-text portions
    Message 1 of 1 , Nov 9, 2009
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      > "Many inside the organisation believe that maintaining oil supplies
      > at even 90m to 95m barrels a day would be impossible but there are
      > fears that panic could spread on the financial markets if the
      > figures were brought down further. And the Americans fear the end
      > of oil supremacy because it would threaten their power over access
      > to oil resources," he added.
      >
      > A second senior IEA source, who has now left but was also unwilling
      > to give his name, said a key rule at the organisation was that it
      > was "imperative not to anger the Americans" but the fact was that
      > there was not as much oil in the world as had been admitted. "We
      > have [already] entered the 'peak oil' zone. I think that the
      > situation is really bad," he added.
      >

      http://tinyurl.com/oilylies

      Rick
      --
      Richard Risemberg
      http://www.bicyclefixation.com
      http://www.newcolonist.com
      http://www.rickrise.com







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