future timeline technology singularity humanity
 
   
future timeline twitter future timeline facebook group future timeline youtube channel account videos future timeline rss feed
 
     
     
 
       
 
 
 

Blog » February 2011

 
     
 

Wikileaks on Peak Oil

February 9, 2011

From today’s Guardian:

WikiLeaks cables: Saudi Arabia cannot pump enough oil to keep a lid on prices

The US fears that Saudi Arabia, the world’s largest crude oil exporter, may not have enough reserves to prevent oil prices escalating, confidential cables from its embassy in Riyadh show.

The cables, released by WikiLeaks, urge Washington to take seriously a warning from a senior Saudi government oil executive that the kingdom’s crude oil reserves may have been overstated by as much as 300bn barrels – nearly 40%.

The revelation comes as the oil price has soared in recent weeks to more than $100 a barrel on global demand and tensions in the Middle East.

Read the full story here:

http://www.guardian.co.uk/business/2011/feb/08/saudi-oil-reserves-overstated-wikileaks

 

speech bubble Comments »

 

 

 
     
       
     
   
« Previous Next »
   
     
   

 
     
 

Blogs

AI & Robotics Biology & Medicine Business & Politics Computers & the Internet
Energy & the Environment Home & Leisure Military & War Nanotechnology
Physics Society & Demographics Space Transport & Infrastructure

 

 

Archive

2015

 

2014

 

2013

 

2012

 

2011

 

2010

 

 
 
 
 

 


future timeline twitter future timeline facebook group future timeline youtube channel account videos future timeline rss feed