Recent Oil Rally: Another Crowded Trade [View article]
I was a petroleum engineer who worked on South Ghawar field for 6 years in the 80's.
You really should stick to posting things you have a capacity to understand. Ghawar's water cut is irrelevant to the concept of peak oil.
The only thing more oversimplified than the concept of peak oil is the moronics involved in debunking it. You could fit all the knowledge of oil on financial blogs in a thimble.
Recent Oil Rally: Another Crowded Trade [View article]
You really should stick to posting things you have a capacity to understand. Ghawar's water cut is irrelevant to the concept of peak oil.
The only thing more oversimplified than the concept of peak oil is the moronics involved in debunking it. You could fit all the knowledge of oil on financial blogs in a thimble.