Stories tagged with "IEA WEO 2009"

International Energy Agency calls 'Peak' on OECD Oil Demand

Posted by Phil Hart on November 24, 2009 - 2:23am in The Oil Drum: Australia/New Zealand
Topic: Demand/Consumption
Tags: iea weo 2009, oecd [list all tags]

In World Energy Outlook 2009, the International Energy Agency seems to have dropped a bombshell that has been quietly (and politely) ignored. In their main 'reference scenario', the IEA forecasts that OECD demand has already peaked - it never recovers the levels seen before the oil price spikes and financial crisis unfolded.



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Guardian Raises Questions about Past IEA Forecasts of World Oil; New IEA Forecast is Out - With a Lower Forecast

Posted by Gail the Actuary on November 10, 2009 - 10:23am
Topic: Supply/Production
Tags: iea, iea weo 2009, peak oil [list all tags]

Yesterday's Guardian raised questions about whether oil reserves published in the past by the IEA have been inflated.

Key oil figures were distorted by US pressure, says whistleblower

The world is much closer to running out of oil than official estimates admit, according to a whistleblower at the International Energy Agency who claims it has been deliberately underplaying a looming shortage for fear of triggering panic buying.

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