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Politics : Rat's Nest - Chronicles of Collapse -- Ignore unavailable to you. Want to Upgrade?

To: Wharf Rat who wrote (11440)	11/15/2010 10:09:16 AM
From: Wharf Rat	Read Replies (1) \| Respond to of 24235

Our piece of the pie is shrinking. Oil Demand to Decline in the West, according to International Energy Agency Posted by Phil Hart on November 15, 2010 - 9:13am in The Oil Drum: Australia/New Zealand For those addicted to more roads, airports and the sweet smell of gasoline, the IEA's 2010 World Energy Outlook includes some pretty sober reading. As they did in last year's Outlook, the IEA forecasts that OECD demand for oil has already peaked. Consumption of oil in the United States, Europe, Japan, Australia and other 'developed' OECD nations is set to decline permanently, starting about.. now. anz.theoildrum.com Living with less oil tomorrow is no longer an idea of those on the fringe - the International Energy Agency now says that is the reality for most of the developed world. Pass it on.