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:
Read this article in Business Line today. A wonderful analysis. Just visited the site to compliment you..
Muthu Kumaran
Good post.
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