Friday, May 25, 2007

Has Saudi Oil Production Peaked

Published in BL on May 26, 2007

Explains why Saudi Arabia has probably peaked and would never be able to expand production beyond the current 9-10 mbpd on a sustainable basis.

Also given the current gasoline inventories and predictions for a very active hurricane season, we could well witness $90-$100/barrel this summer.

2 Comments:

At 10:08 AM, Blogger Muthu Kumaran said...

Read this article in Business Line today. A wonderful analysis. Just visited the site to compliment you..

Muthu Kumaran

 
At 1:34 AM, Anonymous Anonymous said...

Good post.

 

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