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Gold/Mining/Energy : PEAK OIL - The New Y2K or The Beginning of the Real End?

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From: Doug R5/19/2005 12:05:07 AM
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ACK!!!!! I just noticed...

In March, 2004, Saudi Aramco officials, Abdel-Baqi and Saleri, announced that the current production capacity of 10 million barrels per day

Now they're saying, "Ali Ibrahim Naimi, Saudi Arabia's minister of petroleum and mineral resources, said at the conference that his country has undertaken a major oil-capacity expansion programme aimed at increasing its production capacity to 12 million barrels per day by 2010 and to 15 million barrels per day by 2015 from the current 9.5 million.

from previous post

hindu.com

ccs.neu.edu
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