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Twilight in the Desert:
The Coming Saudi Oil Shock and the World Economy | ||
Oil is the hottest topic discussed
worldwide today. This insider analysis uncovers a looming oil production
crisis in Saudi Arabia – an event which will have vast ramifications
on the world economy and the lives of individual consumers. Shipping now! | ||
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Interviews on Global Public Media The most critical question facing the world energy market is whether Saudi Arabia can substantially increase its oil production to meet rising world demand in the years ahead. Sparked by personal observations of Saudi oil wells which led him to suspect that some Saudi fields were in decline, Matt Simmons has created a compelling case that Saudi Arabia production will soon reach an apex, after which its production will decline and the world will be confronted with an immense and potentially catastrophic oil shortage. The factual basis of the book is over 200 technical papers published
over the last 20 years which individually detail problems with particular
wells or particular fields, but which collectively demonstrate that the
entire Saudi oil system is “old and fraying.” Based on his
analysis, Mr. Simmons asserts that sudden and sharp oil production declines
could happen at any time. Even under the most optimistic scenario, Saudi
Arabia may be able to maintain current rates of production for several
years, but will not be able to increase production enough to meet the
expected increase in world demand. Eventually, the reckoning day will
come and the world economy will be confronted with a major shock that
will stunt economic growth, increase inflation, and potentially destabilize
the Middle East. |
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Matt Simmons - Energy Banker DVD Global Public Media's four hour collection of video footage of Matt Simmons includes his seminal presentation at CSIS in February 2004 that sparked international concern for the health and future of Saudi oil extraction. This DVD also includes four exclusive interviews with Matt Simmons: The first is the fascinating interview in Simmons’ Houston office. Then there are the two interviews filmed after both Simmons’ Saudi presentation and the follow-up CSIS-Saudi meeting in April 2004. The final interview was filmed after ASPO 2004. Matt Simmons is extremely candid, informative and open in all his interviews, and this collection documents the still-brewing controversy over whether Saudi Aramco will be able to meet its promise of increasing production to meet the growing worldwide demand for oil over the next several decades.
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Articles:Why don't care about progress... - It's known that most free email services exist on profits from advertising that is shown to users in the email account web interface. And some more bookmarks: Healing Iraq News and comments on the situation in Iraq | ||