- Ghawar -wenn das stimmt, ist Panik nicht weit - Elmarion, 21.05.2007, 14:47
Ghawar -wenn das stimmt, ist Panik nicht weit
-->If you have not gone to the oil drum and taken a look at the post referenced, written by Stuart Staniford, by all means do so.
It is an extremely involved work of research, and indicates a growing consensus amont outsiders (non oil company and Aramco experts) that Ghawar, the largest oilfield in the world is either peaked, or very close to it. If one accepts the view of Stuart and others after VERY involved analysis on their part, we are seeing a drop in production now, and one that will grow to critical levels within 7 to 10 years. Time is running out.
What does this mean for you? We are at the point that we must make plans to begin removing some 10% plus from U.S. crude oil consumption immediately.
The political leadership of the United States is seeking any way possible to avoid having to tell the American people this, but there is simply no other path available.
The biofuels are not ready to fill such a large gap. Hybrids and plug hybrids are still a very small part of the total market. New oil drilling prospects in the deep sea and in new found locations are years away, and the world market will compete hard for that oil.
<ul> ~ hier</ul>

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