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Can we handle the truth (about oil reserves)?


Last updated:
Wed, 11 Nov 2009 16:30:00 +0000

Related: Peak Oil Preparation; World Oil Production Peaked in 2008

The International Energy Agency (IEA) released World Energy Outlook 2009 today. Even before the sham was shipped, it was exposed as a big 'ol bucket of lies. Seems the current administration thinks Americans can't handle the truth, so we need to apply some pressure to keep the lid on the facts. If this country's paragon of transparency (i.e., world's leading liar) and master of hope (i.e., wishful thinking) actually trusted the American people, perhaps we could avert chaos.

If oil traders knew the truth about declining energy availability, the per-barrel price of oil would be $300 within a week. If stock traders knew the truth, we'd see capitulation of the markets shortly thereafter. If Americans knew the truth, they just might come to grips with reality, rally together, put their collective shoulders to the wheel, and start building a better world than the ominicidal culture of make believe to which we've all become accustomed.


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