Tuesday, February 8, 2011

Saudi Arabia Oil Reserves May Be Overstated By 40%

Peak Oil is getting out, look up US peak discoveries of oil it happened in the 1930's then the US peaked in production in 1970 the world peaked in discoveries in 1960, look up Alaskan oil reserves downgraded by 90% 2010 .... Welcome to reality,

OIL & GAS MARKET