The biggest contributor will be Saudi Aramco, the world's largest and most sophisticated national oil company and thus number one on the FT list. After the surge in crude prices since 2002, Saudi Aramco launched its most ambitious expansion programme in a generation. It aims to boost production capacity from 11 million barrels a day - or 13 per cent of today's global consumption - to 12.5 million b/d and then 15 million b/d.
Let's see what happens.
Lot's of msm BS articles posted at Peak Oil.
Mark Twain
Do not fear the enemy, for your enemy can only take your life. It is far better that you fear the media, for they will steal your HONOR. That awful power, the public opinion of a nation, is created in America by a horde of ignorant, self-complacent simpletons who failed at ditching and shoemaking and fetched up in journalism on their way to the poorhouse.
"Self-complacent" appears to be MSM relying on
factoids to support their cases while ignoring evidence?