Saturday, August 25, 2012

Point, Counter-Point; Glut or No Glut

I doubt many folks remember "Leonardo Maugeri" ("Maugeri," not "Dicaprio") and his contention that there will be a glut of oil by 2020.

A former vice president for Saudi Aramco weighs in. If you have the time, you might find it interesting.  This takes you to the original post.

Except that it provides a counter-point to Maugeri's paper, I doubt it's all that exciting to read.

2 comments:

  1. In a fox news interview today, Romney just cited maugeri's work to justify romney's "goal" of north American energy independence.

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    Replies
    1. Interesting. At least some of my posts are relevant (smile) no matter what Chester says.

      By the way, I could be wrong, but Maugeri was on sabbatical, at Harvard for a year or so writing this paper. Explains a lot. He's more irrationally exuberant about the Bakken than I am. A glut of oil in 2020.

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