Item of General Interest
Oct. 23 . A new interview by Chris Martenson is now up. He calls it Why There's No Economically Sustainable Price for Oil Anymore.
Monthly Archives: December 2011
Can we invest our way out of an energy shortfall?
The world has many ideas for solving our energy shortfall, but they all seem to involve investment: Drill for more oil and gas; Develop alternative energy sources; Build more efficient gas-powered cars or electric cars; Fix homes and offices so … Continue reading
Saudi Arabia – Headed for a Downfall?
Saudi Arabia recently announced that it had halted a $100 billion oil production expansion plan to raise capacity to 15 million barrels a day by 2020. At this point, the country claims to have capacity of 12 million barrels a day. What … Continue reading
Posted in Financial Implications, Oil and Its Future
Tagged oil production, Saudi Arabia
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