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TheTeam

(Jan-24-2007)

Optimism: 2 Categories: Peak Oil/Gas & Energy Demand, Renewable Energy Sources

Once Saudi Arabia's oil output does start to fall, whenever that may happen, it will signal definitively that the world's oil supply has peaked... To ignore the risks posed by this event any longer is folly.

Author: Matthew R. Simmons, 2005, Twilight in the Desert: The Coming Saudi Oil Shock and The Worl..., p. 342, "Aftermath"

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Tags: emergency, saudi arabia, oil shortage

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TheTeam (PlanetThoughts Team)

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