Peak Oil Wikileaks
Posted: 08 Feb 2011, 22:24
Peakyleaks.
Not surprised. Not surprised at all. Of course, not politically expedient to have this particular cat out of the bag.
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Peak Oil Wikileaks
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Posted: 08 Feb 2011, 23:17
Posted: 08 Feb 2011, 23:20
If Wikileaks was seen as a catalyst for the Tunisian uprising,I wonder how long before the people of Saudi Arabia put two and two together regarding their country's future?
Posted: 08 Feb 2011, 23:56
Here's the cable:
http://www.wikileaks.la/us-embassy-cabl ... assy-told/
As with many of the cable, it's nothing we didn't know already.
My concision from Wikileaks, is that these secret, confidential classified government communications don't really contain anything that a well informed, savvy, independent analyst couldn't have worked out for themselves.
This adds weight to the argument that 'the elite' don't really exist, don't really have any grand plan, don't operate from a position of greater knowledge and understanding that the rest of us. Everyone is just muddling along.
http://www.wikileaks.la/us-embassy-cabl ... assy-told/
As with many of the cable, it's nothing we didn't know already.
My concision from Wikileaks, is that these secret, confidential classified government communications don't really contain anything that a well informed, savvy, independent analyst couldn't have worked out for themselves.
This adds weight to the argument that 'the elite' don't really exist, don't really have any grand plan, don't operate from a position of greater knowledge and understanding that the rest of us. Everyone is just muddling along.
Posted: 09 Feb 2011, 00:21
A pity the Guardian aren't allowing comments on that article, would make for interesting reading.
Posted: 09 Feb 2011, 00:24
What good would an uprising do them? They already have a high standard of living and a lot of them don't work (that's what Indians and Africans are for, after all.)thecoalthief wrote:If Wikileaks was seen as a catalyst for the Tunisian uprising,I wonder how long before the people of Saudi Arabia put two and two together regarding their country's future?
Posted: 09 Feb 2011, 00:30
From the cable:
So what is the difference between "a global output plateau will be reached in the next 5 to 10 years and will last some 15 years, until world oil production begins to decline" and "the theory of “peak oil"?
Eh?While stating that he does not subscribe to the theory of “peak oil,” the former Aramco board member does believe that a global output plateau will be reached in the next 5 to 10 years and will last some 15 years, until world oil production begins to decline. Additionally, al-Husseini expressed the view that the recent surge in oil prices reflects the underlying reality that global demand has met supply, and is not due to artificial market distortions.
So what is the difference between "a global output plateau will be reached in the next 5 to 10 years and will last some 15 years, until world oil production begins to decline" and "the theory of “peak oil"?
Posted: 09 Feb 2011, 00:52
The theory of peak oil has politically incorrect 'baggage'.
Posted: 09 Feb 2011, 01:18
Perhaps they may realise the gravy train is running out of track.UndercoverElephant wrote:
What good would an uprising do them?
Posted: 09 Feb 2011, 06:36
US diplomat convinced by Saudi expert that reserves of world's biggest oil exporter have been overstated by nearly 40%
Shame Matt Simmons is'nt around to read this. it was his book "Twilight in the desert" that convinced me about Peak Oil.
Shame Matt Simmons is'nt around to read this. it was his book "Twilight in the desert" that convinced me about Peak Oil.
Posted: 09 Feb 2011, 08:07
See: http://www.guardian.co.uk/business/2011 ... -wikileakstymeric wrote:US diplomat convinced by Saudi expert that reserves of world's biggest oil exporter have been overstated by nearly 40%
Shame Matt Simmons is'nt around to read this. it was his book "Twilight in the desert" that convinced me about Peak Oil.
Posted: 09 Feb 2011, 08:22
That's the original post.Aurora wrote:See: http://www.guardian.co.uk/business/2011 ... -wikileaks
Posted: 09 Feb 2011, 08:28
clv101 wrote:That's the original post.Aurora wrote:See: http://www.guardian.co.uk/business/2011 ... -wikileaks
Duly reprimanded. Will have to pay more attention in the future. 
Posted: 09 Feb 2011, 08:38
Really should be no surprise on here.
If Saudi Arabia and the other petrostates with bulging populations don't start investing their cash very wisely the future looks bleak for them.
They need to invest their cash into figuring out how to get sufficient fresh water to grow sufficient amounts of food rather than follies like snowdomes in the desert.
If Saudi Arabia and the other petrostates with bulging populations don't start investing their cash very wisely the future looks bleak for them.
They need to invest their cash into figuring out how to get sufficient fresh water to grow sufficient amounts of food rather than follies like snowdomes in the desert.
Posted: 09 Feb 2011, 08:59
Saudi were talking about holding back a bit of oil 2 years ago.If Saudi Arabia and the other petrostates with bulging populations don't start investing their cash very wisely the future looks bleak for them.
http://www.upstreamonline.com/live/article152344.ece
Saudi Arabia's King Abdullah said he had ordered some new oil discoveries left untapped to preserve oil wealth in the world's top exporter for future generations, local media reported.
"I keep no secret from you that when there were some new finds, I told them, 'no, leave it in the ground, with grace from god, our children need it'," King Abdullah said in remarks made late on Saturday, the official Saudi Press Agency (SPA) reported.