Greene Concepts Inc (INKW)

[silver_bars]

In the last year we have seen the collapse of Kuwait ’s super-giant field Burgan; accelerated decline in the world’s second-largest field, Mexico ’s Cantarell; and an overall global decline rate approaching 8%. We have seen Saudi Arabia fail to increase production while at the same time finding it more difficult to hide deteriorating reservoir conditions in all of its mature fields, including Ghawar. As of tonight, more than 30 of the world’s largest producing nations have entered steep decline.

Discoveries continue to fall off a cliff. Over the last four years the world has been consuming 6 barrels of oil for every new one found.

http://www.fromthewilderness.com/free/ww3/042706_paradigm_speech.shtml