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Key oil figures were distorted by US pressure, says whistleblower


By davidswanson - Posted on 09 November 2009

By Terry McAlister, the Guardian

Grangemouth oil refinery

Grangemouth oil refinery in Scotland. Photograph: Murdo Macleod

The world is much closer to running out of oil than official estimates admit, according to a whistleblower at the International Energy Agency who claims it has been deliberately underplaying a looming shortage for fear of triggering panic buying.

READ MORE AT THE GUARDIAN

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