Worth a read: Twilight in the Desert: The Coming Saudi Oil Shock and the World E... | Hacker News

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		voisin on Sept 24, 2019 \| parent \| context \| favorite \| on: The Saudis Are Lying About Their Oil Production? Worth a read: Twilight in the Desert: The Coming Saudi Oil Shock and the World Economy by American investment banker Matthew Simmons. https://en.m.wikipedia.org/wiki/Twilight_in_the_Desert

Robotbeat on Sept 25, 2019 [–]

Book was in 2005. Simmons made a bet that oil would be $200/barrel in 2010 and lost (it was $80 in 2010).

It's almost 15 years ago now. Eventually the Saudis will run out, but this book failed in its prediction of imminent collapse.

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