IEA

This does not compute

Denis Tegg — Tue, 06 Dec 2011 23:30:08 +0000

re-posted from my blog - oilshockhorrorprobe

The International Energy Agency has again warned that the high oil price could strangle hopes for a global economic recovery. It also says that 90% of future growth in oil production has to come from the Mid-East, mostly from Saudi Arabia. Without a $100 billion annual investment in that region, oil prices will exceed $150 a barrel. But Saudi Arabia has just announced it is halting its $100 billion oil expansion program? This does not compute.

Documents released under the Official Information Act reveal National Government systematically denying appropriate response to

mangawhaitransitiontown — Fri, 04 Nov 2011 00:57:20 +0000

Kia ora !

Documents released under the Official Information Act reveal National Government systematically denying appropriate response to IEA warning

mangawhaitransitiontown — Thu, 03 Nov 2011 20:41:39 +0000

Kia ora !

New Zealand Government's Oil Price Projections - A Bad Joke ?

Denis Tegg — Thu, 02 Jun 2011 22:59:30 +0000

Re- posted from my blog - oilshockhorrorprobe

The Ministry of Economic Development's oil price estimates are a very bad joke. It is a joke on all of us however, as their grossly optimistic projections underpin government policy not just for energy but for the broader economy.

IEA changes its mind on peak oil

seemorerocks — Mon, 30 May 2011 00:03:56 +0000

Last week Kathryn Ryan interviewed Dr Fatih Birol on National radio.

This article has come across from my blog site www.robinwestenra.blogspot.com

http://robinwestenra.blogspot.com/2011/05/iea-changes-its-mind-on-peak-o...

New Zealand Joins Peak Oil Club - IEA

Denis Tegg — Wed, 20 Apr 2011 04:35:50 +0000

re-posted from my blog - oilshockhorrorprobe

NZ's oil policy based on flawed forecasts

Denis Tegg — Sat, 05 Mar 2011 01:46:40 +0000

Independent oil experts have been saying for many years that the New Zealand government's almost religious reliance on forecasts of the International Energy Agency (IEA) is a big mistake because they have been consistently and grossly over optimistic. The result has been a decade of lost opportunities to prepare for the looming oil shocks and shortages.