On 27 Oct 2004 02:45:55 -0700, www_insider_org@postmaster.co.uk
(Alert) wrote:

reply@grouponly.com wrote in message news:<c0ntn0p47tbit2brrv0cqnppa92bpmc2dg@4ax.com>...

On 26 Oct 2004 15:14:28 -0700, www_insider_org@postmaster.co.uk
(Alert) wrote:

World oil supplies dangerously over-estimated and running out fast

A top Saudi oil industry insider has just admitted that the world oil
supplies have been dangerously underestimated. The latest US
prediction of the amount of oil that will be required in 20 years time
is so much higher than the amount that will be available that Sadad Al
Husseini says there is "more chance" that he will be "living on the
moon" by then. He predicts that supplies are unlikely to meet even as
much as "a tenth" of global demand. Tomorrow industry experts will
formally announce their concerns, but there will also be a concerted
effort to play down the severity of the problem.


Please read the whole article:

http://www.theinsider.org/mailing/article.asp?id=0662

  But "running out" for whom? There's plenty of oil still untapped
up on the North Slope. It will come on-line eventually. Further, the
main reason for the soaring usage of, and price increases in, oil is
not fat-cat Yankees driving SUVs.( A total crock) The REAL reason
is the enormous increase from the PRC recently. This doesn't mean
their usage figures don't count, just that if I had to predict the
LAST nation to go belly up from oil shortages it would be the USA.

Dont worry, that's why we invaded Iraq:

http://www.thedebate.org

  I don't think so, but it can't hurt !