Saudi Aramco Insider: Oil Structural Ceiling Reached [View article]
... "but the undeniable fact remains that the world's most technologically advanced nation, the United States, has been unable to prevent it's own peak." ....
I do believe there is a peak to be reached at some point, and have worked for Aramco before it was nationalized by the Saudi's. But, the quote above doesn't compute in my mind ... the greenies and their politicians have long had a major hand in preventing and discouraging domestic exploration!
Oil: Feed the Machine, America - You Have No Choice! [View article]
I scan "Seeking Alpha" for legitimate investing opinion and thought. I find this to be neither. If I need a fix of Bush Bashing, I just go to the main stream Drive BY Media for about 10 seconds. Sorry to see it here too. Ray Racine
Saudi Aramco Insider: Oil Structural Ceiling Reached [View article]
I do believe there is a peak to be reached at some point, and have worked for Aramco before it was nationalized by the Saudi's. But, the quote above doesn't compute in my mind ... the greenies and their politicians have long had a major hand in preventing and discouraging domestic exploration!
Oil: Feed the Machine, America - You Have No Choice! [View article]
Ray Racine