Crop Circles in the Desert: The Strange Controversy Over Saudi Oil Production by Michael Lynch

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01/25/2010

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This article addresses the controversy that has been raging over the true level of oil production and reserves held in Saudi Arabia. Many advocate... (More) This article addresses the controversy that has been raging over the true level of oil production and reserves held in Saudi Arabia. Many advocates of the Peak Oil theory believe that the Kingdom of Saudi Arabia has already hit its peak production level of oil and will not be able to produce oil in the near future as it does not have adequate reserves. This paper questions and refutes many of these assumptions based upon technical information about the hydrocarbon reserve and resource base of Saudi Arabia. (This artilce by Michael C. Lynch, “Crop Circles in the Desert: The Strange Controversy Over Saudi Oil Production,” was published as Occasional Paper 40. Boulder, Colorado: The International Research Center for Energy and Economic Development, 2006. ISBN 0-918714-66-2). (Less)