Reply #4: Today it is NOT important, Tomorrow it will be.. [View All]

[happyslug]

Like the invention of the Percussion Cap about 1810 and the transistor in 1947, the full effect will not be known for years. Fundamental inventions and fundamental changes are almost never noticed by the people it will most affect. They only see the results years later in the form of the Machine Gun (in case of the Percussion cap) and the personal computer (in the case of transistors).

The same with this report, it is one of many showing the decline in ALL OIL FIELDS outside the Persian Gulf. The real problem will be when the Persian Gulf fields start to decline.