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Investment banker Simmons offers a detailed description of the relationship between Saudi Arabia and the U.S and our long-standing dependence upon Saudi oil. With a field-by-field assessment of its key oilfields, he highlights many discrepancies between Saudi Arabia's actual production potential and its seemingly extravagant resource claims. Parts 1 and 2 of the book offer background and context for understanding the technical discussion of Saudi oil fields and the world's energy supplies. Parts 3 and 4 contain analysis of Saudi Arabia's oil and gas industry based on the technical papers published by the Society of Petroleum Engineers. Simmons suggests that when Saudi Arabia and other Middle East producers can no longer meet the world's enormous demand, world leaders and energy specialists must be prepared for the consequences of increased scarcity and higher costs of oil that support our modern society. Without authentication of the Saudi's production sustainability claims, the author recommends review of this critical situation by an international forum. A thought-provoking book. Mary Whaley
Copyright © American Library Association. All rights reserved --This text refers to the Hardcover edition.
"...this is an important book and worth reading" (The Royal Society for Asian Affairs, April 2006)
"The author...is clearly an expert in his field…I recommend anybody in the financial markets read this book." (Financial Engineering News, October 2006)
"Those who follow with their own tales of imminent economic collapse struggle to emerge from [Simmons'] shadow." (Spectator Business, October, 2008)See all Editorial Reviews
I read this book from cover to cover .. The author introduced me to a new thinking about Saudi economy - from oil point of view .. Read morePublished 1 month ago by kamelazeb
This book was written 10 years ago based on even older data and interpretation of technical papers generally written by service companies who tout their services through these... Read morePublished 8 months ago by Digger
complete nonsense, obsolete silly stuff, they worshipped him till he died, overweight, boiled in a hot tub
This book is highly technical. It was very good as a primer on the history of oil recovery technology. Read morePublished 13 months ago by Gregory Delano Michl
Excellent book. Well worth a read even today, despite record oil production. The details in the book about how a modern oil company work are amazing.Published 16 months ago by G. Khanna
It's not a quick or light read, but a very worthwhile one. Simmons methodically takes the reader through the numbers to reach conclusions that have the potential to seriously... Read morePublished 21 months ago by Amazon Customer
Marvelous, comprehensive, reasonably current review of the mid-east oil resource and related politics. Map coverage is very helpful. Read morePublished on August 10, 2013 by Birder