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Page added on March 26, 2012

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Saudi Oil Supply Claim Unlikely, Hofmeister Says

John Hofmeister discussing Saudi oil supply, or lack of it!!! march 2012



2 Comments on "Saudi Oil Supply Claim Unlikely, Hofmeister Says"

  1. 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 …)

  2. 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.

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