I heard a sound bite the other day, and ive not checked the validity or reality of its true or not, but it stated that Saudi Arabia is running out of oil.

I find it dubious, but who knows...

everyplace that is producing oil is, more or less by definition, running out of oil.

That being said, the new reserves of now accessible natural gas in the USA are gonna put is big change in the world oil market. Hopefully the neoluddites of the antinuclear power movement will get out of the way of the newer, far better reactor designs, allowing them to go into production. But I'll bet they will still be about their ignorant ways, protesting the ebil nuklar reactors. 8sighs*