What is “our” oil doing in their economy? — Saudi oil consumption trends

This article makes the case that the Saudi economy will consume ever increasing quantities of the oil they are currently exporting. The argument will be made that they could meet much of their power needs with either nuclear or solar power in order to continue earning oil export revenues. While enticing in theory, the real world of existing infrastructure, existing know-how, existing finance and existing technology will trump in the near term.

read more

Share and Enjoy:
  • Digg
  • Sphinn
  • del.icio.us
  • Facebook
  • Mixx
  • Google Bookmarks

Speak Your Mind

*