Twilight in the Desert
The Coming Saudi Oil Shock and the World Economy
Summary:
The book presents a detailed analysis of the Saudi Arabian oil industry, questioning the sustainability of its oil reserves and the potential implications for the global economy. It argues that the decline in Saudi oil production could lead to an energy crisis due to the world's heavy reliance on their oil supply.
Key points:
1. Aging Oil Fields: Saudi oil fields are old and likely past peak production, risking a supply crunch as their output declines.
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