![\"AP](\"http:\/\/static.businessinsider.com\/image\/4b61ad560000000000ef049d\/ap-saudi-oil-ceo.jpg\")
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Khalid al Falih, head of Saudi oil giant Aramco, had some fighting words for attendees at the World Economic Forum in Davos, Switzerland, RTE Business reports<\/a>.<\/p>\n Mr. Al Falih took a jab at Peak Oil<\/a> (by saying he doesn’t believe in it), then stated that talk of the world weaning itself off fossil fuels does not inspire confidence to keep investing in oil production.<\/p>\n Makes sense to us.<\/p>\n Al Falih’s counterparts disputed the idea that peak oil is a sham, however.<\/p>\n “The problem of peak oil remains,” said Thierry Desmarest, chairman of the French giant Total.<\/p>\n Desmarest added that global oil production could peak in as little as ten years<\/a>, and that the thinks it will be very difficult to increase worldwide production<\/a> above 95 million barrels a day, which is 10% more than the current level.<\/p>\n Join the conversation about this story »<\/a><\/p>\n See Also:<\/b><\/p>\n Khalid al Falih, head of Saudi oil giant Aramco, had some fighting words for attendees at the World Economic Forum in Davos, Switzerland, RTE Business reports. Mr. Al Falih took a jab at Peak Oil (by saying he doesn’t believe in it), then stated that talk of the world weaning itself off fossil fuels does […]<\/p>\n","protected":false},"author":813,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-243661","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/243661","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/813"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=243661"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/243661\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=243661"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=243661"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=243661"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}\n
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