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December 16, 2011

Burning Oil to Keep Cool: The Hidden Energy Crisis in Saudi Arabia

December 16, 2011

December 16, 2011

A Chatham House report on the hidden Oil crisis in Saudi Arabia due to high domestic demand. From the Summary:


  • Domestic energy demand growth in Saudi Arabia is cause for international concern. If it continues at the current rate, it could jeopardize the country's ability to stabilize world oil markets.

  • Given Saudi Arabia's level of dependence on oil revenues, excessive consumption will cause economic and social pressures long before oil exports end – within a decade if nothing changes.

  • Current policies are not enough. Planned additions of renewable power supply would help maintain the fiscal balance for an additional two to three years; given the lead times nuclear power would have little or no impact.

  • 3 comments:

    This comment has been removed by the author.

    They could have avoided this energy crisis if they thought of conserving it. I hope they can do something about that.
    -feed in tariff

    Thank you Frank for your comment, they surely lack planning.

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