40 comments on IEA World Energy Outlook for 2008 Is Out - The Oil Drum Analysis Will Begin Soon
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40 comments on IEA World Energy Outlook for 2008 Is Out - The Oil Drum Analysis Will Begin Soon
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GAIA Host Collective
Why should they? They are sovereign nations with their own resources. If they choose to sell those resources to willing buyers then good luck to them. If they choose to husband them for their own growth then that also is their choice. To demand they usher in external auditors is quite frankly ridiculous. If we want energy security then we should go about getting it without relying on other countries to provide it for us.
Quite apart from the question as to who has the legal or moral authority to 'make' OPEC do anything they don't wish to! Our fate is in our own hands not in the hands of others. To believe or behave otherwise is to go back to kindergarten.
TW
Amen. Amen. Amen. I frequently hear/see the opinion expressed (on TOD, too) that the oil exporting countries owe it to the oil-consuming world to be honest and realistic in reporting their reserves. I say baloney. If we are fools enough to build our entire economy atop a resource over which we have little control, then we have no one to blame but ourselves when the well turns up dry.