Countdown to $200 oil: International Energy Agency says current prices justified | 57 comments (57 topical, editorial, 0 hidden)

Re: Countdown to $200 oil: International Energy Ag (4.00 / 5)

I have been told by a reliable source that the IEA has been forbidden by the US administration from updating their absurdly cornucopian oil supply and demand scenarios until the report that comes out late this year (after the election)

And why would the IEA have to comply with that?

When the capital development of a country becomes a by-product of the activities of a casino, the job is likely to be ill-done. — John M. Keynes

by Migeru (migeru at eurotrib dot com) on Wed Jul 2nd, 2008 at 02:07:12 AM EST

Re: Countdown to $200 oil: International Energy Ag (4.00 / 5)

Presumably because it is funded by the US, in large part. The IEA is an OECD agency.

by nanne (zwaerdenmaecker@gmail.com) on Wed Jul 2nd, 2008 at 06:52:11 AM EST
[ Parent ]

Re: Countdown to $200 oil: International Energy Ag (4.00 / 2)

Right, and freezing funding for the IEA would go down really well with the US' OECD partners.

When the capital development of a country becomes a by-product of the activities of a casino, the job is likely to be ill-done. — John M. Keynes

by Migeru (migeru at eurotrib dot com) on Wed Jul 2nd, 2008 at 09:14:53 AM EST
[ Parent ]

And this administration has shown that ... (4.00 / 5)

... it really cares about the adverse consequences of acting like a two year old throwing a tantrum.

IOW, seems like a credible threat to me, even if it would be a stupid thing to do.

I've been accused of being a Marxist, yet while Harpo's my favourite, it's Groucho I'm always quoting. Odd, that.

by BruceMcF (agila61 at netscape dot net) on Wed Jul 2nd, 2008 at 12:04:10 PM EST
[ Parent ]

Re: Countdown to $200 oil: International Energy Ag (4.00 / 5)

I wondered that myself. Perhaps leaking their findings all over the place is their way of noncompliance. What was that Orwell quote?

In a time of universal deceit, telling the truth is a revolutionary act.

Now where are we going and what's with the handbasket?

by budr on Wed Jul 2nd, 2008 at 07:00:31 AM EST
[ Parent ]

Countdown to $200 oil: International Energy Agency says current prices justified | 57 comments (57 topical, 0 editorial, 0 hidden)

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