Oh and when you are as rich as KSA is, you can bribe almost any entity to go along with your lies
OK for the fifth time and counting their reserves have been audited by Gaffney Cline & Associates and DeGolyer and MacNaughton, two of the largest and most respected reserve auditing firms in the world. When they sign a reserve report they are legally responsible and can be charged by SEC, TSX or whoever the regulatory body is. As well once it got out in the market that they had "lied" or jigged a report they would never get hired again by a publicly traded company (no audit committee would touch them for fear of negative repercusions in the market). Exactly who are they going to bribe...the entire NYSE committee in charge of IPO's? The audit firms who would be giving up millions of dollars a year in business if they were caught (which they would be)? Both are as far-fetched as one can imagine.
Cheney lied about weapons of mass destruction . . . to get at all of Iraq's oil. We know tha
apparently, you don't know anything. Did the US suddenly get all of Iraq's oil? No it did not. In fact no US company won a bid to develop Iraq oil, a complete shutout. There was zero benefit to US oil and gas companies other than service companies who are paid for work (i.e they do not get compensated with the right to lift oil).The fact of the matter is US imports of oil actually decreased after the Iraq war and are only just recently getting back to the state they were previously.
The Saudi's lie about their oil also. Give the media ten years and that truth will come out also
Horseshit. Once the IPO is executed all of the information including reserve reports and financial reports become public documents, available to anyone.