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	<title>Salon.com > World Energy Outlook</title>
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		<title>The World Energy Report&#8217;s scariest findings</title>
		<link>http://www.salon.com/2012/11/27/the_world_energy_reports_scariest_findings/</link>
		<comments>http://www.salon.com/2012/11/27/the_world_energy_reports_scariest_findings/#comments</comments>
		<pubDate>Tue, 27 Nov 2012 15:30:00 +0000</pubDate>
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		<description><![CDATA[The U.S. may surpass Saudi Arabia as the planet's leading oil producer -- and the cost could be catastrophic]]></description>
			<content:encoded><![CDATA[<p>Rarely does the release of a data-driven report on energy trends trigger front-page headlines around the world.  That, however, is exactly what happened on November 12th when the prestigious Paris-based <a href="http://www.iea.org/" target="_blank">International Energy Agency</a> (IEA) released this year’s edition of its <em>World Energy Outlook</em>.  In the process, just about everyone missed its real news, which should have set off alarm bells across the planet.<br /> <a name="more"></a><br /> Claiming that advances in drilling technology were producing an upsurge in North American energy output, <em>World Energy Outlook</em> predicted that the United States would overtake Saudi Arabia and Russia to become the planet’s leading oil producer by 2020.  “North America is at the forefront of a sweeping transformation in oil and gas production that will affect all regions of the world,” <a href="http://www.iea.org/newsroomandevents/pressreleases/2012/november/name,33015,en.html" target="_blank">declared</a> IEA Executive Director Maria van der Hoeven in a widely quoted statement.</p><p><a href="http://www.salon.com/2012/11/27/the_world_energy_reports_scariest_findings/">Continue Reading...</a></p>]]></content:encoded>
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