Saudi: "world running out of energy capacity at all levels."

Discussion of the latest Peak Oil news (please also check the Website News area below)

Moderator: Peak Moderation

Post Reply
User avatar
Vortex2
Posts: 2692
Joined: 13 Jan 2019, 10:29
Location: In a Midlands field

Saudi: "world running out of energy capacity at all levels."

Post by Vortex2 »

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
User avatar
adam2
Site Admin
Posts: 10907
Joined: 02 Jul 2007, 17:49
Location: North Somerset, twinned with Atlantis

Re: Saudi: "world running out of energy capacity at all levels."

Post by adam2 »

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
"Installers and owners of emergency diesels must assume that they will have to run for a week or more"
User avatar
clv101
Site Admin
Posts: 10556
Joined: 24 Nov 2005, 11:09
Contact:

Re: Saudi: "world running out of energy capacity at all levels."

Post by clv101 »

On the other hand:

https://www.theguardian.com/environment ... wn-oil-gas

Seems there's far too much investment going into new carbon sources.
johnny
Posts: 324
Joined: 15 Aug 2017, 16:07

Re: Saudi: "world running out of energy capacity at all levels."

Post by johnny »

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
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.

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.
User avatar
Vortex2
Posts: 2692
Joined: 13 Jan 2019, 10:29
Location: In a Midlands field

Re: Saudi: "world running out of energy capacity at all levels."

Post by Vortex2 »

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.
User avatar
BritDownUnder
Posts: 2487
Joined: 21 Sep 2011, 12:02
Location: Hunter Valley, NSW, Australia

Re: Saudi: "world running out of energy capacity at all levels."

Post by BritDownUnder »

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.
A lot of it from state owned companies in not very nice/democratic countries who will probably spend it on causing trouble.
G'Day cobber!
johnny
Posts: 324
Joined: 15 Aug 2017, 16:07

Re: Saudi: "world running out of energy capacity at all levels."

Post by johnny »

Vortex2 wrote: 11 May 2022, 22:07 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.
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.
User avatar
Vortex2
Posts: 2692
Joined: 13 Jan 2019, 10:29
Location: In a Midlands field

Re: Saudi: "world running out of energy capacity at all levels."

Post by Vortex2 »

johnny wrote: 11 May 2022, 22:39
Vortex2 wrote: 11 May 2022, 22:07 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.
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.
Could be. He certainly went off the rails big time.
User avatar
BritDownUnder
Posts: 2487
Joined: 21 Sep 2011, 12:02
Location: Hunter Valley, NSW, Australia

Re: Saudi: "world running out of energy capacity at all levels."

Post by BritDownUnder »

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!
Post Reply