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    - Peak Oil 101

    Started by K-Dog Apr 07, 2024, 10:49 PM

    Message path : / Planetary Material Conditions / Peak oil / Peak Oil 101 #4


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    K-Dog

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    Apr 07, 2024, 10:49 PM
    Ninety percent of people consider the I.E.A. International Energy Agency a reliable source.  It is a Paris-based autonomous intergovernmental organization that provides policy recommendations, analysis, and data on the global energy sector.

    Main stream respectable.  People involved pass for civilized.

    Member countries provide the funding.  I do not think the data can be trusted.  No country is going to tell the truth about their energy reserves.  Since they control the money they never will.  This makes the agency a data laundry.

    On page 299 of the report there are 235 billion barrels of conventional oil claimed for North America. But Prudhoe Bay only yielded 13 billion barrels of conventional oil.  Something stinks.  But the current American export rate could not be justified with the truth known so it makes sense.  This highly respectable autonomous agency can't be trusted.


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