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Thursday, February 15, 2007

The Ghawar Oil Field: How Much Is Left?


Decline of the world’s largest reserve could cripple the global economy
By David S. Elliott

Back in 2001, before the issue of energy scarcity ever entered my mind, I read a chilling online article called "Ghawar Is Dying" that bluntly speculated about the massive global upheavals modern industrial society would suffer if the largest oil field in Saudi Arabia were indeed running dry.

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Video

- BBC Money ProgrammeThis programme meets the scientists who believe that we are at the beginning of the long term decline in conventional oil production.

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