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Whistleblowers Say Oil Reserve Numbers Deliberately Inflated to Avoid Panic, Appease the US
JICWyllie
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3
11-12-2009 10:42 AM
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tags:
1-denial
,
1-peak oil
,
1-policy
,
2-trend
,
3-reported
,
4-intl
,
4-us
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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/db8518e8-003b-4e16-9f01-d811e4a5e303/D8DF63F5-94BB-4BE2-A31A-2453F556421A/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.alternet.org/story/143888/whistleblowers_say_oil_reserve_numbers_deliberately_inflated_to_avoid_panic%2C_appease_the_us" href="http://www.alternet.org/story/143888/whistleblowers_say_oil_reserve_numbers_deliberately_inflated_to_avoid_panic%2C_appease_the_us" style="font-size: 11px;">www.alternet.org</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.alternet.org/story/143888/whistleblowers_say_oil_reserve_numbers_deliberately_inflated_to_avoid_panic%2C_appease_the_us"><P>World oil reserves are far lower than officially reported, the situation far more serious than publicly admitted, and we're already past <A linkindex="76" href="http://www.treehugger.com/files/2008/10/matt-simmons-peak-oil.php">peak oil</A>. That's the word from two anonymous IEA whistleblowers, <A linkindex="77" href="http://www.guardian.co.uk/environment/2009/nov/09/peak-oil-international-energy-agency">The Guardian</A> reports. To add insult to industry, the figures were deliberately massaged, at least in part, to appease the United States:</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.alternet.org/story/143888/whistleblowers_say_oil_reserve_numbers_deliberately_inflated_to_avoid_panic%2C_appease_the_us"><P>Apparently the IEA was concerned that reporting the true reserve numbers -- and keep in mind that determining oil reserves is as much art as science -- it would trigger a buying panic.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.alternet.org/story/143888/whistleblowers_say_oil_reserve_numbers_deliberately_inflated_to_avoid_panic%2C_appease_the_us"><P>So, more than anything, this illustrates the same head in the sand thinking that dogs climate change negotiations. Out of fear of disrupting current activity, profit, lifestyles, what have you, you put off action for the future, even though it's inevitable that those have to change.</P></blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;"> </td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/D8DF63F5-94BB-4BE2-A31A-2453F556421A/blog/" title="blog or email this clip"><img src="http://content7.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>
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