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IEA worried about oil supplies, prepares forecast

Posted by Matt in May 22nd, 2008 | no comment 
Published in Oil, , , , , , , , , , , , , , ,

A leading global energy monitor fears there may not be enough oil to slake the world’s thirst — and is preparing a landmark forecast that could reverberate through the global economy even as major companies announce fuel-related cutbacks.
The International Energy Agency is studying depletion rates at about 400 oil fields in a first-of-its-kind study of [...]

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