Start Walking: International Energy Agency Calls for Urgent Restrictions on Domestic Oil Supplies

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Assessment: Give up your car and start walking. That’s an order … 

The International Energy Agency (IEA) on Friday directed global governments to urgently cut oil supply to domestic consumers and encourage compliance with its call for lowered consumption.

The IEA 10-point plan to drive “changes in the behaviour of consumers” and reduce gas demand at the pump includes reducing speed limits, working from home three days a week, more electric cars, car-free Sundays, more cycle lanes, cheaper public transport and greater use of long-distance trains over planes.

International Energy Agency | ICTFOOTPRINT.eu

 

The IEA also called on the OPEC+ group of oil-producing nations led by Saudi Arabia and Russia to help “relieve the strain” on markets, while warning that the world faced the biggest shock to supply “in decades.”

The outbreak of war in Ukraine has already led to major economies, such as the United States and Canada, sanctioning Russia by banning imports of oil as prices soar accordingly.

“While the earth remains, Seedtime and harvest, Cold and heat, Winter and summer, And day and night Shall not cease.” Genesis 8:22

Trump suggested oil could go up to $200 a barrel

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