Saudi Oil Minister Prince Abdulaziz bin Salman warned Tuesday that the world is "running out of energy capacity at all levels."
https://uk.news.yahoo.com/saudi-arabia ... 30734.html
Saudi: "world running out of energy capacity at all levels."
Moderator: Peak Moderation
- adam2
- Site Admin
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Re: Saudi: "world running out of energy capacity at all levels."
About the last the last person in the most unlikely country to be making such a statement, even with the caveat that "more investment will solve the problem" This might be code for "we want other people to invest their money in our infrastructure"
Still a bit worrying in my view. Twilight in the desert ?
https://en.wikipedia.org/wiki/Twilight_in_the_Desert
Still a bit worrying in my view. Twilight in the desert ?
https://en.wikipedia.org/wiki/Twilight_in_the_Desert
"Installers and owners of emergency diesels must assume that they will have to run for a week or more"
Re: Saudi: "world running out of energy capacity at all levels."
On the other hand:
https://www.theguardian.com/environment ... wn-oil-gas
Seems there's far too much investment going into new carbon sources.
https://www.theguardian.com/environment ... wn-oil-gas
Seems there's far too much investment going into new carbon sources.
Re: Saudi: "world running out of energy capacity at all levels."
Well, claims of running out of capacity are sure a darn sight better than the last time some Saudi minister claimed peak oil and and whatnot was about to end the world.Vortex2 wrote: ↑11 May 2022, 16:33 Saudi Oil Minister Prince Abdulaziz bin Salman warned Tuesday that the world is "running out of energy capacity at all levels."
https://uk.news.yahoo.com/saudi-arabia ... 30734.html
Most current concern seems to be with fertilizer and food supplies, inflation and dealing with the Europeans waking up to the monster prowling their continent and what it might mean to them seeing as how they based their lifestyles on buying energy from him and all. Lets hope the US can provide enough LNG and maybe the Old World can get to some New World development of their own resources, to make current events and transitioning into a more responsible energy consumption configuration less painful to the consumers.
Re: Saudi: "world running out of energy capacity at all levels."
Twilight In The Desert
I liked Matt Simmons writing style.
That rapid onset dementia he had in his last few months was a bummer 'tho.
I liked Matt Simmons writing style.
That rapid onset dementia he had in his last few months was a bummer 'tho.
- BritDownUnder
- Posts: 2481
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- Location: Hunter Valley, NSW, Australia
Re: Saudi: "world running out of energy capacity at all levels."
A lot of it from state owned companies in not very nice/democratic countries who will probably spend it on causing trouble.clv101 wrote: ↑11 May 2022, 18:10 On the other hand:
https://www.theguardian.com/environment ... wn-oil-gas
Seems there's far too much investment going into new carbon sources.
G'Day cobber!
Re: Saudi: "world running out of energy capacity at all levels."
Was it that or just an enthusiastism for liquid refreshments of the adult kind? I mean, he was whack-a-doodle there at the end and TOD tore his nonsense apart pretty well, but he had the same flushed cheeks and facial appearance close to the end that Ruppert did, of concern when it pertains to anyone not Santa Claus.
Re: Saudi: "world running out of energy capacity at all levels."
Could be. He certainly went off the rails big time.johnny wrote: ↑11 May 2022, 22:39Was it that or just an enthusiastism for liquid refreshments of the adult kind? I mean, he was whack-a-doodle there at the end and TOD tore his nonsense apart pretty well, but he had the same flushed cheeks and facial appearance close to the end that Ruppert did, of concern when it pertains to anyone not Santa Claus.
- BritDownUnder
- Posts: 2481
- Joined: 21 Sep 2011, 12:02
- Location: Hunter Valley, NSW, Australia
Re: Saudi: "world running out of energy capacity at all levels."
I heard he died in his hot tub so it was not too bad an end. I would like to go that way but in the company of a 23 year old former Playboy bunny.
G'Day cobber!