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Page added on April 28, 2005

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IEA to Consumers: Plan Now for Potential Oil Shock

Car-pools and driving restrictions could help shave at least a million barrels a day (bpd) from industrialized nations’ oil demand in the event of a supply crisis, the International Energy Agency said on Thursday.


They are among measures an IEA study ‘Saving Oil in a Hurry’ says consuming nations must plan to ease potential shortages and price rises which could result from a large disruption to international supplies
Reuters



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