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[Clansgian AT wmconnect.com]

> >IEA doesn't see peak oil by 2030

Bob, the IEA has been a peak oil denier from the beginning.  They are in the 
same category as the NAR that consistantly predicted that there was no 
housing 
bubble and once the bubble burst they have been predicting that the bottom of 
the housing market is just weeks away.  There are whole internet sites 
devoted to ridiculing them.

Just as the NAR is a cheerleading group and has little or nothing to do with 
actual analysis of the economy, the IEA is a cheerleading group for the oil 
industry and always reports whatever is good for oil sales and profits.  They 
have *always* dismissed peak oil fears.

They have also been incorrect in just about every supply, price, production, 
and inventory prediction they have made.


James