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I will believe the Saudis don't see any upcoming problems with Ghawar when they cancel one of their projects due to low oil prices. If they continue to be full steam ahead with increasing their capacity then I think they are aware that Ghawar may not be as robust in 5 years time as they would like us to believe.

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Peakoil.com :: View topic - St Louis Fed President: Core Inflation Harms Credibility
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St Louis Fed President: Core Inflation Harms Credibility

 
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mattduke
Light Sweet Crude
Light Sweet Crude


Joined: Oct 28, 2005
Posts: 1501
PostPosted: Fri Jul 04, 2008 5:47 pm    Post subject: St Louis Fed President: Core Inflation Harms Credibility Add User to Ignore List Reply with quote
Ah, the St. Louis Fed. You know St Louis built the world's first skyscraper. The Fed's destruction of our economy has hit St Louis particularly hard.

reuters
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