TV News LIES

Wednesday, Aug 27th

Last update08:50:02 PM GMT

You are here News Energy Key oil figures were distorted by US pressure, says whistleblower

Key oil figures were distorted by US pressure, says whistleblower

E-mail Print PDF

The world is much closer to running out of oil than official estimates admit, according to 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 US has played an influential role in encouraging the watchdog to underplay the rate of decline from existing oil fields while overplaying the chances of finding new reserves.

More...


Most Recent Related Stories...


Canada's First Nations people seek to 'evict' energy companies

First Nation landA freight railroad operated by the Canadian National Railway stretches approximately 3,000 miles from Halifax in...

Why birds are igniting in midair over Calif.

Birds igniting mid airA cutting-edge solar technology in California's Mojave Desert may have a bit too much cut. Wildlife...

U.S. opens Gulf acreage to energy companies

new energy leases in GulfMore than 20 million acres off the coast of Texas were opened up for bidding for...

Iran vows to defend Iraq Shi'ite sites; insurgents battle for refinery

Iran to protect sitesSunni rebels battled their way into the biggest oil refinery in Iraq on Wednesday, and the...
 
America's # 1 Enemy
Tee Shirt
& Help Support TvNewsLIES.org!
TVNL Tee Shirt
 
TVNL TOTE BAG
Conserve our Planet
& Help Support TvNewsLIES.org!
 
Get your 9/11 & Media
Deception Dollars
& Help Support TvNewsLIES.org!
 
The Loaded Deck
The First & the Best!
The Media & Bush Admin Exposed!