Tag Archives | wikileaks

Saudi Arabia acknowledges peak oil. When will we?

If one of the world’s leading oil producers and exporters is officially acknowledging that alternative energy production is the way of the future and the key to human sustainability and survival of our tiny little planet, why is the idea even open for debate? The United States is currently the largest oil consumer in the […]

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Saudi Arabia’s Oil Overestimated by 40%, Wikileaks Reveals

Looks like peak oil might be even closer than we thought — the most recent Wikileaks cable released by the Guardian has revealed that US diplomats are convinced that Saudi Arabia has overestimated its vaunted oil reserves by a stunning 40%. Saudi Arabia is the world’s largest oil supplier, and is widely believed to be […]

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