Jay Hanson
Mon, 25 Oct 1999 09:48:14 -0700
I just discovered an excellent piece that explains the oil situation quite well. Dr. Colin Campbell made a Presentation to the British Parliament on July 7, 1999. After providing extensive background material he presented future scenarios. Here are a couple of samples: "For example, they might read an official report showing that Norway's production is set to halve by 2006. Norway is the world's second largest exporter." "I think that a price shock around 2001, if not before, from Middle East control is inevitable and will probably trigger a stockmarket crash." "I think it is absurd that the management of the depletion of the world's supply of its most important fuel should be left to a few feudal families controlling the Middle East. The consuming governments should recognize where their interests lie." Go to http://www.hubbertpeak.com/ and you will find a link to "A Presentation to the British Parliament by Dr. Colin Campbell, July 7, 1999." You will also find many energy papers at my site http://dieoff.com/page1.htm Jay