Peak Oil and Saudi Arabia's Future Economic Stratagies
Al Hammam, Mohammed S. Oil peaking phenomenon will have multiple effects on the economic, political and social systems of the whole world and most of all on those countries that are economically structured as an oil-based economy such as Saudi Arabia. There have also been on-going debates over the timing of oil reaching its maximum production level. Despite the fact that these explanations and views on peak oil are insightful and partly interesting, they fall short ...