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Forum Post: The IEA Oil Forecast Is Ludicrously High

Posted 1 year ago on Nov. 14, 2012, 5:46 p.m. EST by notaneoliberal (2269)
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Gail Tverberg, Our Finite World | Nov. 14, 2012, 7:30 AM The International Energy Agency (IEA) provides unrealistically high oil forecasts in its new 2012 World Energy Outlook (WEO). It claims, among other things, that the United States will become the world’s largest oil producer by 2020, and will become a net oil exporter by 2030.

Read more: http://ourfiniteworld.com/2012/11/13/iea-oil-forecast-unrealistically-high-misses-diminishing-returns/#ixzz2CEh

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