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That's sad news. He was a pretty smart guy.
We should know in the next few years, by mid decade at the latest, wether or not the thesis that he was most famous for, that the saudi oil field reserves have been grossly and criminally overstated, turn out to be true.
Bad news for the US if his arguments have merit. Even if they don't have merit we are still fucked, we passed the turnaround point years ago, and the evidence of this last collapse is that switching to an alternative to oil is pretty much impossible under market stress.
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