al Husseini re. Maugeri's report
Sadad al Husseini is a knowledgeable veteran re oil, esp in Saudi Arabia.
He recently wrote a concise (842 words) response to Maugeri's report in PIW, which is behind a pay-wall.
TOD has re-posted it:
http://www.theoildrum.com/node/9411#more
al Husseini's credibility comes through very nicely in this video (7:22)... his English is perfect. The video which also gives you an opportunity to see what some of the main PO analysts have to say:
http://www.youtube.com/watch?v=0ccUPutDZMM
He hits two key points around the 6th minute:
- production of oil (ie. conventional petroleum) has been stuck since late 2004
- the increase in prices started back in 2002