Oil Left in the Ground

MIT Technology Review ^ | 5-20-2008 | By Kevin Bullis

[LS]

One of the guys who visited the former USSR’s oil facilities after the communists were kicked out noted that the equipment there was 30 years old and in complete decay.

[sailor4321]

One of our guys visited an oil field in southern Russia when the Reds were still in power and was rather startled to find a perfectly functioning early twentieth century oil field -— complete with bull wheels, jack-line rigs, etc. and staffed with more people than we had in the entire western half of the US. It was as though the twentieth century had never happened.

[P.O.E.]

When I visited a Moscow hospital in the seventies, the equipment looked like it was from the forties.

[P.O.E.]

Interesting collection of links about World Oil Predictions.

[Ernest_at_the_Beach]

Seen this?