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Originally Posted by samcol
So they have plenty of oil and an increasing refining ability. Is peak oil just a myth to artificially inflate oil prices?
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While I doubt they're too worried, it looks like a defensive response.
The faster "peak oil" catches on, the faster alternatives will be explored, developed, and implemented, and the faster their major export loses value. They have enough political challenges without the average Saudi losing confidence.
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There are a vast number of people who are uninformed and heavily propagandized, but fundamentally decent. The propaganda that inundates them is effective when unchallenged, but much of it goes only skin deep. If they can be brought to raise questions and apply their decent instincts and basic intelligence, many people quickly escape the confines of the doctrinal system and are willing to do something to help others who are really suffering and oppressed." -Manufacturing Consent: Noam Chomsky and the Media, p. 195
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