According to the International Energy Agency, high oil prices generally have a large negative impact on the global economic growth.
The International Energy Agency decided that supplies will be sufficient.
As the International Energy Agency noted in its report, "supply is running ahead of demand and stocks are building."
Overall oil demand worldwide is growing faster than expected this year, according to the International Energy Agency.
But even a large agency like the International Energy Agency can make big mistakes.
Several feasibility studies have been performed and the field is the subject of an agreement within the International Energy Agency.
But what do those eco-fascist-hippy-greenie-zealots at the International Energy Agency know?
The International Energy Agency says $20 billion is needed.
The States within the International Energy Agency can choose one system or another.
The International Energy Agency called on its member states to release 2 million barrels of oil a day over 30 days.