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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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Personal Information: killjoy




Location: ^NNE^

Signature:
[i:c32558ebf3]"By the time individuals discover that remaining resources will not be adequate for the next generation, the next generation has already been born. "[/i:c32558ebf3] David Price
Actual User Status: Offline

Last 10 Comments by killJOY:
  • Re: The myth that pushes oil prices up plays into the hands of speculators
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  • Re: UAE's oil reserves to last 92 years: IEA
  • Re: The Coming Energy Wars
  • Re: The Gospel According to Matthew
  • Re: Oil Release: Letting Go of The Age of Cheap Oil
  • Re: Kunstler: Disarray
  • Re: 2008, a Year of Petroleum Exuberance
  • Re: Non Peak Oil Update

  • Last 10 News Submissions sent by killJOY:
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