Look what they have been doing. The Entitlements look like chump change. today, not a word about this.
Remember the old Oil news?? Consumption would out strip production, and it would be the end of the world. They even had a book.
“Twilight in the Desert reveals a Saudi oil and production industry that could soon approach a serious, irreversible decline. In this exhaustively researched book, veteran oil industry analyst Matthew Simmons draws on his three-plus decades of insider experience and more than 200 independently produced reports about Saudi petroleum resources and production operations. He uncovers a story about Saudi Arabia’s troubled oil industry, not to mention its political and societal instability, It’s a story that is provocative and disturbing, based on undeniable facts, ” Ha Ha Ha 🙂
Note the future is always a surprise to the masses and the Media.
Can you guys remember any other nonsense Media predictions from long ago? Lets make a collection and mail it to the Media.