"The IEA in 2005 was predicting oil supplies could rise as high as 120m barrels a day by 2030 although it was forced to reduce this gradually to 116m and then 105m last year," said the IEA source, who was unwilling to be identified for fear of reprisals inside the industry.
Two International Energy Agency whistleblowers have come forward with startling claims about the world's supply of crude oil, according to a report published Tuesday.
Welcome to the bio-car.
Last week oil broke out of a months-long trading range and surged to $82 a barrel.
Just read it. It's funny
Generating electricity by burning coal is responsible for about half of an estimated $120 billion in yearly costs from early deaths and health damages to thousands of Americans from the use of fossil fuels, a federal advisory group said Monday.
This is eye-candy extraordinaire. With an absolutely necessary message.
Clean the air, release us from dependence on foreign fossil fuel (and Big Oil!). GEET turns the molecules of any vaporized liquid into a fuel which burns super-efficiently in any engine, and increases all areas of engine's performance.
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I have collected many GBs worth of material on Nikola Tesla and his work. Other than the fascination, none of it is a practical use to me since I am not an engineer nor a physicist or inventor.
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In 1901, Nikola Tesla began work on a global system of giant towers meant to relay through the air not only news, stock reports and even pictures but also, unbeknown to investors such as J. Pierpont Morgan, free electricity for one and all.
Peak Oil has not initiated any private discussions.