Saudi oil: Peak conspiracy
Posted by Big Gav in peak oil, saudi arabia
James McIntosh at FT Alphaville has a look at all the theories that could be applied to Saudi oil production strategy, including their belief in (or otherwise) peak oil - Saudi oil: Peak conspiracy. Options listed include:
- an attack on US shale
- a secret deal with the US to hurt Russia
- a “political plot” against regional rival Iran
- trying to pressure the Russians to cut off Bashar al-Assad in Syria
- a change in the Saudi view on peak oil