Oil’s not Well: Saudis could run out as soon as 2012.
According to a document on Wikileaks the Saudis may be running out of oil sooner than we think. But is this a bad thing? According to some experts it is. It’s very likely that a global oil shortage is going to wreak havoc shutting down industry and not allowing us to drive to the mall anymore. If anything, this news should further drive us to convert to sustainable sources of energy that much faster. Of course if the oil runs out first, that would be a major step in fixing the environmental problems that we currently face. Of course it could also be a ruse in order to jack up oil prices that much higher, in which case never mind.
- Wikileaks Cable Suggests Saudi Arabia Is Running Out Of Oil (huffingtonpost.com)
- WikiLeaks: US concerned about Saudi Arabia’s oil production (americablog.com)
- ‘Peak Oil’ Looms: Saudi Supply Overstated (newser.com)