price of oil

New Revelations about the Future of Oil

Everyone wants to know the future price of oil, but has the most authoritative source on the topic been politicized? According to the Guardian newspaper, 2 senior officials from the International Energy Agency are claiming that the IEA is knowingly exaggerating the future availability of oil. See the full report at:… Between 2005 and 2008 the IEA had already reduced its forecast of oil production in 2030 from 120 to 105 million […]