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Reply #12: Good enough. Its hard to defend the IEA [View All]

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bhikkhu Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Jan-29-10 10:12 PM
Response to Reply #11
12. Good enough. Its hard to defend the IEA
they have a record of being very optimistic with their predictions in the other direction - as in not too long ago predicting growth way beyond what anyone else in the oil business thought was possible, and they've often been accused of "cooking the books" to come up with whatever numbers serve the market of the moment. This most recent is the opposite of what they usually do...but who knows.

I'd like to think we've turned the corner and alternatives will start to really kick in, but that doesn't mean it will happen.
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