evilgenius wrote:The obvious question is whether it is the transparency that the New York and London exchanges would require is the problem? Maybe that transparency hinders the functioning of power? Maybe it reveals how much oil is really there? I'm inclined to think the reserve situation is not their immediate worry.
The obvious question is whether it is the transparency that the New York and London exchanges would require is the problem? Maybe that transparency hinders the functioning of power? Maybe it reveals how much oil is really there? I'm inclined to think the reserve situation is not their immediate worry.
Cliffhanger1983 wrote:Saudi Arabian oil reserves are overstated by 40% - Wikileaks
https://www.theguardian.com/business/20 ... -wikileaks
Saudi Arabian oil reserves are overstated by 40% - Wikileaks
and that article is from 2012. It is based on projections of internal growth demand for energy but of course because it is so out of date it would not be aware of the initiatives SA is undergoing to increase it's natural gas production and conversion to power. In essence, their numbers are 5 years out of date.Saudi Arabia may be out of oil to export by 2030 – Citibank
Despite KSA giving indications of financial problems and moving away from oil.
Mathew Simmons noted serious problems in KSA with his book 'Twilight in the Desert ' and how for many years they seemed to always "magically" have the same almost identical amount of Reserves
Cliffhanger1983 wrote:Rockman is as dumb as they come and never sites any sources. he is nothing more than a paid troll and based on his 'no worries' arguments i can safely say they are paying for shit these days. sad...
They sent over 12 of their crappiest with box cutters to kill 2,000 of our best. Saudi Arabia has no reason to reveal the truth and every reason to lie. It's a nation of slaves ruled over by a single family of hateful feudal liars.
Rockman is as dumb as they come and never sites any sources. he is nothing more than a paid troll and based on his 'no worries' arguments i can safely say they are paying for shit these days. sad...
Rockdoc here are some Peer Reviewed Scholarly sources for ya!
yeah P, they are also royal hypocrites. I read a story of how the loved being entertained by prostitutes when in NYC. So, they just like give the "right" impressions to their people that they are good Muslims. But in reality they are as greedy and immoral as anybody.
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