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.
I can't believe the Chinese have banned bicycles from Beijing. I was in Beijing a couple of years ago, and there were bicycles everywhere. Most people didn't have cars, but everyone had a bike. Now they're banned???
I had hopes that China could avoid the trap we're in, but it's looking less and less likely.
Joined: May 17, 2004 Posts: 293 Location: San Jose, CA
Posted: Sat Jul 10, 2004 8:09 pm Post subject:
You're welcome. I spotted it in the newstand when I was out getting some lunch today, and they had it as their cover story, with a big gas gauge on "empty" drawing. I took a double take & grabbed it.
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