Free Republic
Browse
·
Search
News/Activism
Topics
·
Post Article
To:
rightinthemiddle
According to Simmons they
can't
increase their output. Recent reports seem to confirm this - North Ghawar is rapidly declining and no one else has any spare capacity.
Look for a huge surge in prices when people realize this.
23
posted on
11/12/2007 8:24:48 AM PST
by
liberallarry
[
Post Reply
|
Private Reply
|
To 1
|
View Replies
]
To:
liberallarry
Look for a huge surge in prices when people realize this.
Already there. This is peak oil.
28
posted on
11/12/2007 8:52:38 AM PST
by
RightWhale
(anti-razors are pro-life)
[
Post Reply
|
Private Reply
|
To 23
|
View Replies
]
Free Republic
Browse
·
Search
News/Activism
Topics
·
Post Article
FreeRepublic
, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson