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OPEC

Future oil shortages are being purposely underestimated

November 20, 2009 By Jim Harris

The International Energy Association (IEA) released its World Energy Outlook to controversy on Nov. 10. The U.K.-based Guardian newspaper quotes IEA sources admitting the agency’s figures for future oil production were inflated because of U.S. pressure. The two separate sources within the IEA want to remain anonymous because they feared reprisals. Now why does this matter? Put simply, future oil shortages are being downplayed.

Read the full article at: http://bit.ly/7gbQYD

Filed Under: Magazine Articles Tagged With: Colin Campbell, crude, IEA, Oil, OPEC, shortages

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Jim Harris
Focusing on disruptive innovation, digital transformation, strategic planning with executive teams and boards & leadership.


#1 International Bestselling Author, Management Consultant, Keynote Speaker and Strategic Planning Facilitator.
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