IEA Continues Its Shill For OPEC And Oil Speculators.

HUFFINGTON POST.COM.

The IEA is a group of 28 nations committed to meet oil supply emergencies, insure energy security and maintain emergency oil stocks.

But its chief economist Fatih Birol continues to issue "chicken-little" statements about "peak oil," echoing Matt "$500/bbl oil" Simmons, despite a world currently awash in crude.

5-Year Global Demand for Oil... to be Sluggish.

The International Energy Agency predicts global demand for crude oil... for the next five years... will be lower than forecast... because of sluggish economic growth.


http://www.nytimes.com/2009/06/30/business/energy-environment/30oil.html?ref=todayspaper