Register

Peak Oil is You


Donate Bitcoins ;-) or Paypal :-)


Page added on August 10, 2007

Bookmark and Share

Preparing for the coming energy crunch

Matthew Simmons, an oil investment banker and a member of the National Petroleum Council, concludes that it is unlikely that there will be any large new oil fields discovered in Saudi Arabia, and that production is only being maintained “by using advanced drilling and completion technologies in the mature giant fields.” Details are given in his 2005 book, “Twilight in the Desert
BangorDailyNews



Leave a Reply

Your email address will not be published. Required fields are marked *