On the other hand, the International Energy Agency (IEA), in its Medium-term oil market report for 2009-2012, released in July 2008, suggests that the industry will be capable of producing 96 million barrels per day by 2013, but expresses considerable doubt about its capacity to raise production much above that level because of declining output at existing fields, a disappointing record of new oilfield discovery, and concerns about the adequacy of future investment. Still, without a radical shift in energy strategy, it will be difficult for these sources to fill the gap created by the diminished availability of petroleum. This shift provides the opportunity to meet both climate and energy security goals in advanced countries.