TodayEco.com

22 Jul '12, 11am

Tech Talk - Saudi Arabia then and now

Much has happened since the late Matt Simmons and Nansen Saleri got together to debate scenario’s for future oil production in Washington, back in February, 2004. While Matt had developed his research that then led into the publication of “Twilight in the Desert”, this was the meeting where Aramco pushed back to explain that there would not be a global problem, for at least fifty years. As this series of posts on Saudi Arabia comes to a conclusion, and moves on to other countries, it is perhaps of some value to look back on the presentation by Mahmoud Abdul Baqi and Hansen Saleri to remember what was said . Back in those days oil demand was expected to steadily rise, with increasing rate, to reach 100 mbd in 2015.

Full article: http://www.theoildrum.com/node/9360

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