IEA Oil Assurances Lies; Oil Reserves Claims Wildly Overblown
> "Many inside the organisation believe that maintaining oil supplieshttp://tinyurl.com/oilylies
> 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.
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