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Newly Discovered Oil In Israel – Could Rival Saudi Arabia's

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posted on Jun, 16 2011 @ 11:18 AM
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reply to post by jibajaba
 


pssst, yes there is, due to the fact we consume oil at a much faster rate than what they expect it forms at.. so yes you would have peak oil.....




posted on Jun, 16 2011 @ 11:45 AM
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reply to post by VonDoomen
 


Wait when Chinas demand top the food ladder, countries will be scrambling to get China's wealth into their own drilling business.

Because what people doesn't know is that China is investing billions on countries that produce oil but only those of their choice.



 
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