GMC 1500, sorry, didnt see your post, what I was refering to is the projections that the Middle East is consuming its oil reserves across the region at a rate that the decline in prodution and revenues is sychronized , unlike the new fields in the Falklands, Grand Banks, and all the other fields waiting for the drill rigs . When the decline takes place it will pull the rug from under the prosperity in this region, will the West then export oil to the region? Seems doubtfull given the present political positions around the worldl If you want some interesting reading on the subject there are many books out these days, as a Canadian, "Stupid To The Last Drop", is a great read, all about the Tarr Sands mess. Sec 3, given the average longevity of my gene pool, I might just see the begining of the end of the oil flow in the Middle East, its a race between the oil running out and my pension fund!Regards, Clunck.
Last edited by clunckdriver; 18th Jul 2010 at 12:28.
Reason: Answering Swc 3