The Peak Oil Crisis: EIA — The greatest failure of them all?

For those of you who don’t follow such things, there exists down on Independence Avenue a semi-autonomous little organization known as the Energy Information Administration (EIA). Created by Congress back in 1977, its mission “is to provide policy-independent data, forecasts, and analyses to promote sound policy making, efficient markets, and public understanding regarding energy and its interaction with the economy and the environment." In short, they keep track of our energy supplies and make forecasts about their future.

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