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Gettin' me a horse and cart now!

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Author Topic: Gettin' me a horse and cart now!  (Read 110 times)
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Lovelee
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« on: November 13, 2009, 06:21:12 am »

THE world is much closer to running out of oil than official estimates admit, says a whistleblower at the International Energy Agency who claims it has been deliberately underplaying a looming shortage for fear of triggering panic buying.

The senior official claims the United States has played an influential role in encouraging the watchdog to underplay the rate of decline from existing oilfields while overplaying the chances of finding new reserves.

The allegations raise serious questions about the accuracy of the organisation's latest World Energy Outlook on oil demand and supply, to be published overnight.

The outlook is used by many governments to help guide their energy and climate change policies.

In particular, the allegations cast a shadow on the prediction in the last World Economic Outlook, believed to be repeated again this year, that oil production can be raised from its present level of 83 million barrels a day to 105 million.

External critics have frequently said this cannot be substantiated by firm evidence and that the world has already passed its peak in oil production. Now the ''peak oil'' theory is gaining support at the heart of the global energy establishment.

''The IEA in 2005 was predicting oil supplies could rise as high as 120 million barrels a day by 2030, although it was forced to reduce this gradually to 116 million and then 105 million last year,'' said the IEA source, who asked not to be identified for fear of reprisals inside the industry.

http://www.theage.com.au/world/global-oil-supply-far-worse-than-admitted-20091110-i7gu.html
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Laughter is the best medicine, unless you've got a really nasty case of syphilis, in which case penicillin is your best bet.

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ssweetpea
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« Reply #1 on: November 13, 2009, 07:48:07 am »

The price of fuel last year may have been artifically produced but it was a wake up call.

I think your average man now has a inkling of what may happen in the future.

You notice how large gas guzzling cars are no longer that popular and there are waiting lists at times for small more fuel efficent cars.
« Last Edit: November 13, 2009, 08:10:33 am by ssweetpea » Report Spam   Logged

The way politicians run this country a small white cat should have no problem http://sally4mp.blogspot.com/
Sir Blodsnogger
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« Reply #2 on: November 13, 2009, 08:06:33 am »

These prophets of doom talk rubbish. Can you prove all you spout?
Or are you just a couple of bored false prophets with nothing else to do.
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Kiwithrottlejockey
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Having fun in the hills!


« Reply #3 on: November 13, 2009, 08:33:05 am »

These prophets of doom talk rubbish. Can you prove all you spout?
Or are you just a couple of bored false prophets with nothing else to do.


Why do “fundy-mental” religious nutters prefer to keep their heads in the sand?

Ooooops, I forgot.....they have delusions of some imaginary thing called a “rapture” whereby they are all going to go floating naked up into space (without a spaceship....ROFLMAO) just as we run out of oil and global warming finally starts to really hurt.

Nutters.....they belong in a lunatic asylum (or in the Gommie's Bullshit messageboard forum).
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Newtown-Fella
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« Reply #4 on: November 13, 2009, 08:43:44 am »


 small more fuel efficent cars.


container loads well be arriving from Japan any day now .....

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Lovelee
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« Reply #5 on: November 13, 2009, 08:56:33 am »

Weve just bought an 8 cyl car.  It does 4k per litre better than the 6 cyl one we got rid of.

Gas guzzlers arnt as bad as they used to be.
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Laughter is the best medicine, unless you've got a really nasty case of syphilis, in which case penicillin is your best bet.
ssweetpea
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« Reply #6 on: November 13, 2009, 08:16:14 pm »

I know what you mean. Our 3 litre diesel van is cheaper to run on a long trip than the 2.4 litre petrol van it replaced. It is cheaper than to run on the open road than our old 1.8 corolla.

Round town however it is a different story.

My parents had to wait last year to get their new car, a Toyota Yaris. It is very efficent and very comfortable. If we fold down two thirds of the back seat we can still get two adults, a teenager and two households worth of groceries in.
They have driven it down to Wellington, over to Hastings and down to Levin and New Plymouth a couple of times even though they kept the big car for doing that sort of thing.
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The way politicians run this country a small white cat should have no problem http://sally4mp.blogspot.com/

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