Energy body wants brakes on fuel consumption (i.e. rationing)

[mhr]

Energy body wants brakes on fuel consumption
By Adam Porter in Perpignan, France
Thursday 24 March 2005

The International Energy Agency is to propose drastic cutbacks in car use to halt continuing oil-supply problems. Those cutbacks include anything from car-pooling to outright police-enforced driving bans for citizens.

Fuel "emergency supply disruptions and price shocks" - in other words, shortages - could be met by governments. Not only can governments save fuel by implementing some of the measures suggested, but in doing so they can also shortcut market economics.

An advance briefing of the report, titled Saving Oil in a Hurry: Measures for Rapid Demand Restraint in Transport, states this succinctly.

"Why should governments intervene to cut oil demand during a supply disruption or price surge? One obvious reason is to conserve fuel that might be in short supply.

"But perhaps more importantly, a rapid demand response (especially if coordinated across IEA countries) can send a strong market signal."

Snip ......

http://english.aljazeera.net/NR/exeres/655B03B0-32C2-4BF7-A3E8-F7EFD8144333.htm

Link To IEA Workshop, March 7-8, 2005

International Energy Agency
European Conference of Ministers of Transport
WORKSHOP: MANAGING OIL DEMAND IN TRANSPORT

http://www.iea.org/textbase/work/2005/oil_demand/FinalAgenPresentations.htm

[fedsron2us]

1. "Emergency supply disruptions and price shocks"

I wonder what they have in mind.

Peak Oil maybe, or perhaps war with Iran.

I think we are going to know the answer before the year is out.

[osiristz]

2. whatever they have in mind.....

you can bet it has to do with investors and oil stock.


In 1979, someone mounted a solar panel on a MOPED with a car batery, and a 1/5hp electric motor. The thing did 55MPH......IN 1979!!!!

Nothing the oil ministers say has anything to do with ecology or alternate energy. It's money. The powers that be are elated at the rise in prices because it's the grunts that will pay.