saudi arabia

When will global oil production peak? Ask the CIA!

Summary:  The date on which global production peaks depends to a large extent on the Saudi’s.  Political peaking occurs if they decide to no longer increase production.  Geological peaking occurs when they cannot increase production.  The plans of the Saudi Princes shift with the political winds.  The size of their oil reserves are a matter of fact …

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The world changed last week – with no headlines in the news

At least, in the American media.  Mostly small stories in the back of our newpapers about this significant event, a milestone on the road to Peak Oil. “King Abdullah stresses the need to keep oil for future generations“, Saudi Press Agency, 13 April 2008 — Excerpt: Custodian of the Two Holy Mosques King Abdullah yesterday …

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