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WTSHTF: Peak Oil here!?
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Wednesday, February 9, 2011
Peak Oil here!?
Saudi Arabian reserves may be smaller than thought, even though the Saudis are on a growth cycle aimed at pumping out over 12 million barrels a day over the next several years... global output would likely peak before then, and potentially starting in 2012.
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Saudi Arabian reserves may be smaller than thought, even though the Saudis are on a growth cycle aimed at pumping out over 12 million barrels a day over the next several years... global output would likely peak before then, and potentially starting in 2012.
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