‘Peak oil’ closer than we think, says IEA mole
Oil gushes from a well
Whistleblower say phoney oil figures are being used to avoid panic on markets
By Edward Helmore
FIRST POSTED NOVEMBER 10, 2009
Despite the discovery of massive new, untapped reserves, the world is much
closer to running out of oil than official estimates show, claims a
whistleblower at the International Energy Agency in the /Guardian/.
The unnamed source claims the US has been deliberately underplaying any
potential shortage and, in effect, the IEA's annual Energy Outlook, expected to