The Oil Drum

205 comments on DrumBeat: March 20, 2007

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tate423 on March 20, 2007 - 9:15am

http://www.dailyreckoning.com/Issues/2007/DR031907.html

And it is not just the Mexicans that seemed to be gripped by the looming terrors of Peak Oil Syndrome, as "Kuwait's giant Burgan field has also peaked. Iran's energy use is rising so fast that its oil exports are being crimped badly. And despite the fact that the Saudis are supposed to be sitting on a thousand years of oil, their oil production declined 8% last year". Of course, "The Saudis will say they made their cuts to 'stabilize' the market."

The finance guys know about peak oil more than we think.

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Segeltamp on March 20, 2007 - 10:54am

Thats Agora with Byron ->http://www.dailyreckoning.com/Writers/ByronKing.html

and Marc Faber by the way. Its not really mainstream (?),
at least the two guys mentioned belong to the small known clique of us "fringe peak-oilers".