peak oil

The IEA says that we have already reached the peak oil zone. A whistleblower has claimed that current figures are inflated due to pressure of the United States and fear that it could cause panic to markets to know that the oil industry is falling.

"We have [already] entered the 'peak oil' zone," an unnamed former IEA official
told British newspaper The Guardian. "I think that the situation is really bad."

A second whistleblower reportedly claimed that the IEA's current figures
are inflated due to pressure from the United States and a pervasive fear that
the announcement of falling oil output in the future could cause markets to
respond with panic.

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