Monday, August 14, 2006

The Coming Saudi Oil Shock

Matthew Simmons, investment banker to the global oil and gas services sector, backs off little if at all from his vision of an energy-constrained world in the paperback edition of Twilight In The Desert: The Coming Saudi Oil Shock And The World Economy. The bestseller rocked the investment and energy communities last year with a controversial thesis: the large Saudi oilfields which underpin global supply security could have much shorter production life expectancies that previously believed.

( Full story here )

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