As the evidence grows that global oil production will peak in the next decade, many Americans grow increasingly frantic to deny this possibility. Hence the campaign against speculators (an historically common response to changed conditions). We see this even by intelligent and experienced people, showing how deeply rooted is our desire not to make the …
The BusinessWeek story cited below, along with King Abdullah’s April announcement that they will not be opening new fields, provides evidence that we are near — or perhaps even at — Peak Oil. It may be political peaking;:  perhaps the Saudi’s could invest to increase production, but choose not to (an obviously sensible decision). It may be …
Red Alert: the Saudi Princes have announced the arrival of Peak Oil Read More »
Summary: One astonishing aspect of the energy crisis is the western media’s preferences when it comes to sources of information. They love western speculators, economists, oil company executives, and politicos. Others go to small articles in the back pages, including statements by leaders of oil producing nations – even the King of Saudi Arabia, home …
When the King of Saudi Arabia talks about oil, we should listen Read More »
On May 16 President Bush met with King Abdullah of Saudi Arabia. He appears to have collided with the Saudi Princes’ decision to initiate political peaking of the world’s oil production. See here for a description of political peaking, and here for King Abdullah’s announcement that they will begin additional projects to increase their oil production — …
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 …
The world changed last week – with no headlines in the news Read More »
