Wouldn't it be nice if you could somehow make President Bush and Vice
President Cheney aware of this---and get them to respond to it by
telling the people of the United States the truth.
Forwarded message:
> From asa-owner@lists.calvin.edu Wed May 22 14:11:43 2002
> Message-Id: <200205221758.g4MHwU932219@udomo5.calvin.edu>
> From: "Glenn Morton" <glenn.morton@btinternet.com>
> To: <asa@calvin.edu>
> Subject: Middle East oil supply
> Date: Wed, 22 May 2002 06:24:23 -0700
> Sender: asa-owner@lists.calvin.edu
> Precedence: bulk
>
>
> There is a new report out by Simmons and Company which basically says that
> we will not be able to count on Middle Eastern oil supply in the future. The
> reason for this is demographic. The Middle East population is growing
> rapidly and will require the internal use of much oil and gas just to take
> care of their population. The report notes that just meeting water needs for
> 40 million people will require a huge jump in energy use. Today Saudi Arabia
> has slightly over 20 million people. Within a generation, that could easily
> double given their birth rates. (Osama had something like 50 siblings).
> Thus, the oil won't be so easily exportable from a political point of view,
> even assuming it is there. The Saudi Arabian fields average 45 years old
> with two of the largest over 54 years old. Those fields are showing signs of
> their age. Old fields don't produce rapidly.
>
> The report points out that Shaybah is the first large field Saudi has
> developed for years and it cost between $2.5 and $3.5 billion to develop.
> It will produce at peak production 500,000 barels/day. That is $5,500 per
> peak barrel. Other Middle eastern fields which await development will
> require anywhere from $7,500 to $11,400 per peak barrel. While the over all
> economics of the fields are great, the amount of oil per day for the world,
> the rate of flow is not great for that investment.
>
> The report is
> The Middle East: The Energy Solution Or The Energy Problem?
> http://www.simmonsco-intl.com/domino/html/research.nsf/0/2B7C1D51A080FF78862
> 56BC00067074C?open
>
> For those who think we have a rosy energy future, take another think.
>
> glenn
>
> see http://www.glenn.morton.btinternet.co.uk/dmd.htm
> for lots of creation/evolution information
> anthropology/geology/paleontology/theology\
> personal stories of struggle
>
------------------------------------------------------------------------------
Joel W. Cannon | (724)223-6146
Physics Department | jcannon@washjeff.edu
Washington and Jefferson College |
Washington, PA 15301 |
This archive was generated by hypermail 2b29 : Wed May 22 2002 - 15:02:56 EDT