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View Diary: "Asleep at the wheel ...": Peak Oil (wiki)Leaking Into The Public Discussion (165 comments)

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  •  More about Peak Oil (8+ / 0-)

    Here's more about peak oil and the overstatement of the reserves in Saudi Arabia:

    Oil fields can be damaged and the extractable maximum lessened by pumping too rapidly.  Some think the Saudis may be facing this, or have already damaged some of their fields.

    Everyone needs to keep in mind that until we actually achieve an oil-free world economy (or very greatly reduced oil consumption), a shortage of oil will bring great poverty and suffering to many around the world, and keep those presently in poverty with no hope of rising out of it.

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