SAUDI ARABIA: Oil

If true, this report by Topica is important. Could someone with knowledge of the subject comment? GHAWAR is the biggest Saudi Oil Field. The fraction of water in Ghawar output is now at 60% and rising fast. Page 2 -4 of the document at: -http://www.gci.org.uk/memos/Ghawar_Trends.pdf has analysis from the field's surveyors. An image comparing total [all-country/past-future] world oil production and consumption is on page one. Ghawar yields +/- 70% of Saudi output. This is game over. The world's biggest gush is becoming a busted flush. UN Climate Change negotiators should call the Saudi's bluff.