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I think that is well... Well, I can't say with any kind of security that the Saudis won't be able to stay on the current plateau for more than a decade. They might well be producing as much in 2015, 2020 or 2025 as they do today. Now, if they increase production from current levels they won't be able to stay on a plateau for as long.

But guys, if there are two places in the world where there still is easy abundant oil, that's Saudi Arabia and Iraq.

Peak oil is not an energy crisis. It is a liquid fuel crisis.

by Starvid on Wed Aug 5th, 2009 at 05:38:21 PM EST
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