by Matthew R. Simmons
Chairman and CEO
Simmons & Company International
It is a pleasure to launch the publication of my book, Twilight in the
Desert: The Coming Saudi Oil Shock and the World Economy. My hope is that
it will serve as a wake-up call to the urgency and importance of understanding
the limits, not just to Saudi Arabia’s oil, but to the entire world’s
oil supply, because we are clearly approaching the peaking of global oil
supply at the same time as the world faces a relentless increase in oil
demand.
Twilight in the Desert spells out the risks of a pending Saudi Arabian
oil shock and its potential impact on the world economy. The evidence
supporting this warning is laid out in 400 pages of detailed evidence.
The bibliography lists more than 250 sources of information, including
235 technical papers from the Society of Petroleum Engineers’ remarkable
digital library. The authors of virtually every paper were scientists,
managers and engineers employed by the Saudi national oil company, including
senior technicians working in the actual oilfields that produce virtually
all of Saudi Arabia’s oil.
The outcome that the book warns of is not a certainty. But it is the conclusion
I came to following two years of in-depth research into Saudi Arabia’s
oil system, which in turn was grounded in the three decades I have spent
studying and analyzing the oil and gas industry.
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