The Oil Drum | Kenneth Heebner on Ghawar (and other topics...)

Kenneth Heebner on Ghawar (and other topics...)

Posted by Prof. Goose on September 28, 2007 - 8:21pm
Topic: Sociology/Psychology
Tags: ghawar, oil, oil prices, peak oil, saudi arabia [list all tags]

(it's under the fold)

(Thanks Leanan!)

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“This order [i.e. capitalism] is now bound to the technical and economic conditions of machine production which today determine the lives of all the individuals who are born into this mechanism, not only those directly concerned with the economic acquisition, with irresistible force. Perhaps it will so determine them until the last ton of fossilized coal is burnt.”

—Max Weber, 1905