Showing posts with label Matt Simmons. Show all posts
Showing posts with label Matt Simmons. Show all posts

17 August 2009

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.