Friday, September 7, 2012

Saudi oil well dries up

Click here to access article by Ambrose Evans-Pritchard from The Telegraph
A 150-page report by Heidy Rehman on the Saudi petrochemical industry should be sober reading for those who think that shale oil and gas have solved our global energy crunch.
...it is for now plugging holes in global supply rather than covering the future shortfall as the industrial revolutions of Asia mature.