Peak Oil is You
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Page added on September 16, 2006
The Most Important Resource
Energy: Uh-oh, more bad news for peak-oil proponents: After a big Gulf of Mexico find that may top even Prudhoe Bay, a Saudi oilman says we’re just beginning to tap the world’s crude.
The disciples of peak oil believe the world is quickly depleting crude reserves and that global production will top out soon, if it hasn’t already.
But speaking last week from OPEC’s hometown of Vienna, Austria, Abdallah Jumah, president and CEO of the state-owned Saudi Arabian Oil Co.
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