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Gold/Mining/Energy : PEAK OIL - The New Y2K or The Beginning of the Real End? -- Ignore unavailable to you. Want to Upgrade?

To: Sidney Reilly who wrote (1003)	10/5/2005 10:50:14 PM
From: Bill on the Hill	Read Replies (2) \| Respond to of 1183

Speculation about the greed that is happening is that the Saud's are pumping as much as they can right now. And they are infilling the fields with seawater to keep the production of the wells at the high pace. According to Matt Simmons this is what will crater their fields very fast. You are right about the greed. But they are ruining the golden goose by making it lay three eggs a day instead of one. That will cook our goose. Read Twilight in the Desert. It is very very important if this subject is in your crosshairs........ Matt Simmons is very highly thought of and respected in his field. His argument is airtight as far as I am concerned. Bill