John Hofmeister discussing Saudi oil supply, or lack of it!!! march 2012
2 Comments on "Saudi Oil Supply Claim Unlikely, Hofmeister Says"
armageddon51 on Mon, 26th Mar 2012 4:57 pm
The world is going full speed head on toward a brick wall … and strangely, almost no one out there is noticing ! We live in a dangerous time. Buckle up, the real “fun” is coming pretty soon. (I mean disaster, pretty soon …)
Arthur on Mon, 26th Mar 2012 5:28 pm
Hofmeister correctly acknowledges that ‘we are on a production plateau’. But openly admitting that a descending slope of 3-5%/year will be next, that is still a bridge too far.
armageddon51 on Mon, 26th Mar 2012 4:57 pm
The world is going full speed head on toward a brick wall … and strangely, almost no one out there is noticing ! We live in a dangerous time. Buckle up, the real “fun” is coming pretty soon. (I mean disaster, pretty soon …)
Arthur on Mon, 26th Mar 2012 5:28 pm
Hofmeister correctly acknowledges that ‘we are on a production plateau’. But openly admitting that a descending slope of 3-5%/year will be next, that is still a bridge too far.