|
>>>>>>>>>>>>>>>>>>>> | Why? Because Ghawar is Dying. OK - I'll bite. Who or what is "Ghawar"??? | | Building a Passive solar house in the country, with PV, Wind | and starting a VERY big organic garden. This I think is a good idea. But where? When it hits the fan what do you think the folks in the city are going to do? How far from a city can you be? After all programming is a pretty "urban" type of job, it seems to me Tom Daly >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
Tom
Ghawar ?
Here's what's that about. http://www.newcolonist.com/ghawar.html
I even bought some bumper stickers
Coincidently , I happened to exchange emails with the writer of the article just yesterday. ( I have included my email to him and his response below)
Your questions to me are VERY valid.
How Far? - Not Far enough (or as my daughter said, "Farther than someone can walk")
... whattheygonnado ? - My answer is 'When the Lights go off, You are in the dark ages" (Does that give you a clue?)
John ------------------------------------------------------------------------------------------------------------------------------
Greetings
In reference to Ghawar Is Dying http://www.newcolonist.com/ghawar.html I was wondering how much feedback you have received because of this article? I know I personally have emailed the link to at least a hundred people I know.
It is interesting that Ghawar in fact may be peaking at this moment. http://www.financialsense.com/editorials/powers/2003/0629.htm
So did you receive much attention when this article ran?
It's all down hill from here boys.
Oh, Take a look at this neat site , very pretty
http://www.wolfatthedoor.org.uk
John Carr ------------------------------------------- Wow!
First off, thanks for the link to "Wolf At the Door"! I bookmarked it and plan to spend some time going through it page by page. Good find there! I wrote "Ghawar is Dying" a couple of years ago (I wish they had posted some kind of date with it.), and yes, it really has gotten some response- and still does, obviously. I've recieved emails from all over North America and Europe, some sounding curious, others frightened and a few just plain hostile. The stangest part, though, is how so few people understand that it was a work of fiction, set in the future. Almost everyone reads it as historical fact. (And maybe it really is?) All in all, it seems to be my most famous work to date. (Kinda sad, considering how much else I've written.) The hosting web site (New Colonist) even went ahead and made those bumper stickers I had envisioned in the article! As for the Ghawar itself, it seems that it was at least reaching its peak as I wrote that article- if not several years before. One oil industry analyst in France complained to me last year that they couldn't find any published production figures for the Ghawar after 1997- a good sign that it was all bad news after that. It's fairly common knowledge that major portions of the Ghawar are filling with water, but the exact extent of the intrusion is understandably not public knowledge. As I wrote that article, I thought perhaps Ghawar would be the last great oil field to go dry. Now I see it may be the first, as it's also about the oldest. If, as many analysts say, oil production mirrors discover, but 40 years later, then yes, the Ghawar should have passed its peak of production back in the 1990's. But it will take an act of Allah for the Saudis to admit it. As you've read elsewhere, the Saudis really have little to show for all of their "oil wealth". One thing they do have is a massive national debt, the result of huge World Bank loans based on future oil production as collateral! YIPE! Now, if they really DON'T have all the oil they said they had to get those loans- and they don't- how are they going to repay the loans as the Ghawar- and their other smaller oil fields, go dry? It's going to get very, very ugly for the Saudis- and may do so very quickly and with little warning (for the rest of us). If they default on their loans and have to curtail their expansive social services, the common Saudis will revolt and ovethrow the House of Saud. Naturally, as in any revolution, production will grind to a quick halt- and the production facilites could possibly be sabatoged. No more Saudi oil. Do keep in mind that the Saudis have been paying off Islamic extremists for years to keep them from trashing the country. With out that blackmail money, they're an open target- and an obvious one for allowing the US to come in. Now, in truth, the US doesn't get all that much oil from the Middle East. Maybe 10%? We could deal with that shortage in a reasonable, calm and rational manner- if it didn't get blown all out of proportion by the media and turned into some big national crisis- which it probably will. Leave it to Fox, I'm sure. (Funny how no one mentioned the problems in Venezuela- and that's where we really get most of our imported oil.) So if the Saudis tank and the nightly news goes nuts, we may end up facing a contrived gas crisis just as real as any real one, thanks to panic buying, price gouging and general hysteria. House of Cards meets The Domino Effect. The bottom line:
Keep your bikes tires pumped!
Chip ----------------- and this from the NewColonist site
----------
Ghawar was our most-read page for two months--thank you. It apparently ended up in several investment sites, so the excellent Powers article you forwarded was particularly interesting.
Rick
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