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World energy outlook 2012: High priced energy

Posted on 22 November 2012

The IEA in late November published the 2012 edition of its flagship annual study, the World Energy Outlook, but with now-admitted “treading of a fine line”, between its mandate, and its recent and present policy interests, fantasies, or foibles.
The Agency (IEA) describes itself, in each issue of the WEO, as an “autonomous agency established in November 1974″ with its its primary mandate, which it says it continues to pursue, being two-fold: to promote oil supply security amongst its now-28 member countries through “collective response to physical disruptions in oil supply”, and also to provide “authoritative research and analysis on ways to ensure reliable, affordable and clean energy” for its exclusively OECD member countries………………………………………..Full Article: Source


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VRS - who has written 34624 posts on Opalesque Commodities Briefing.


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