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Tuesday, September 8, 2009

* Peak Oil and the IEA (What they don’t want you to know…)

Must read:
“We are facing a serious threat”

Dr. Fatih Birol, Chief-Economist of the International Energy Agency (the agency which advices OECD countries on oil, including the US) and “one of the most powerful men on earth” according to the British newspaper, The Guardian[1] has lately attracted extensive media attention.

Indeed, in a recent interview to the British newspaper, The Independent[2], Dr. Birol was reported of saying that the world was heading for a catastrophic energy crunch that could cripple a global economic recovery.

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