page-loading-spinner
Home The Implications and Fallout of the IEA “Leaks”
Economy

The Implications and Fallout of the IEA “Leaks”

The User's Profile Chris Martenson November 11, 2009
11
placeholder image

There was a huge amount of press and follow-up to the Guardian article of the leaks.  This theme is important enough to continue exploring.  Anybody who has seen the Crash Course does not need any more information about Peak Oil itself.

Instead, I am most fixated on when a tipping point in global awareness about Peak Oil might occur.  That’s why this revelation and all the press it has been getting has been extremely interesting to me.

The first article helps to provide some more context and backing for the ‘leaks,’ which turn out not to have been very original leaks, since others were told this same information as early as 2007.

Comments on Guardian article: “Key oil figures were distorted by US pressure, says whistleblower”

I am not surprised that some within the IEA have leaked this news. Rather, it is astonishing that this has not become known earlier. (See the article in the Guardian: Key oil figures were distorted by US pressure, says whistleblower.)

The article ”The Peak and Decline of World Oil and Gas Production” was published as long ago as 2003 in the scientific journal Minerals and Energy – Raw Materials Report by Kjell Aleklett and Colin C. Campbell (Volume 18, Number 1, 2003 , pp. 5-20[16].) It was the first “peer reviewed” article to discuss Peak Oil.

That article was read in 2007 by representatives of the “Global Transport Forum” of the OECD and they gave me the task of writing the report, ”Peak Oil and the Evolving Strategies of Oil Importing and Exporting Countries”. This report was one of those discussed at a round table meeting that was held in the IEA’s conference room in Paris.

At that opportunity, in November 2007, I had a number of private conversations with officers of the IEA. The revelations now reported in the Guardian were revealed to me then under the promise that I not name the source. I had earlier heard the same thing from another officer from Norway who, at the time he spoke of the pressure being applied by the USA, was working for the IEA. Since these anecdotes were not scientific evidence I never made use of the information other than as inspiration to continue our own research.

Earlier, following a suggestion by Colin Campbell, I had communicated to Sweden’s delegate at the IEA that Sweden should leave the IEA since it was deceiving the world and this would have serious consequences globally.

The rest is exclusive content for members

Curious about what being a member offers? Sign up now for a risk-free trial and get a sneak peek into the premium content, features, and perks awaiting you on the other side.

Community

Top Comment

 
by cmartenson : While I may be a couple years early here, the potential impacts of the next oil shock will be quite profound and...
Anonymous Author by endgameplayer
0