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Page added on March 27, 2012

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Bob Mcnally discussing Saudi Arabia’s oil production

Bob Mcnally discussing Saudi Arabia’s oil production march 2012



3 Comments on "Bob Mcnally discussing Saudi Arabia’s oil production"

  1. Rick on Tue, 27th Mar 2012 3:14 pm 

    It’s all about Peak Oil folks.

  2. Kenz300 on Tue, 27th Mar 2012 8:37 pm 

    China and India continue to use more and more oil every day while there is demand destruction elsewhere in the world. Individuals, business and politicians need to develop a plan to deal with higher prices and limited supplies. Ignoring the issue will not make it go away.

  3. Sandra Cass on Tue, 27th Mar 2012 11:06 pm 

    McNally understands better than most analysts that it is the physical oil market that is dominating our world – not some chimera called speculators.

    The facts are a tad overwhelming – the
    Brent price has gone from $12.75 (annual) in 1998 to today’s price above $124.

    And the very impressive world oil business, with all of its technology has been unable to increase production since 2005.

    We are living in peak times.

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