Tuesday, February 24, 2004

The impact of saudi oil fields Posted here Tuesday, February 24, 2004 at 8:29:43 AM     From the NYT Energy forecasts call for Saudi Arabia to almost double its output in the next decade and after. Oil executives and government officials in the United States and Saudi Arabia, however, say capacity will probably stall near current levels, potentially creating a significant gap in the global energy supply. This is important. the numbers are strong. Suggests that oil may be a larger part of ME strategy than we are normally told. ********