Non-Renewable Energy
TOPIC:
Tools » Institutions » National » Saudi Arabia » Dom. Policies » Economy » Energy » Non-Renewable
Category
articles
Date
2011-02-08
Actor
Vidal, John
Source
Guardian
Uploaded date
2011-10-26
Uploaded by
Ciara Donnelly
Link
Saudi Arabia Cannot Pump Enough Oil to Keep a Lid on Prices
"The US fears that Saudi Arabia, the world's largest crude oil exporter, may not have enough reserves to prevent oil prices escalating, confidential cables from its embassy in Riyadh show. The cables, released by WikiLeaks, urge Washington to take seriously a warning from a senior Saudi government oil executive that the kingdom's crude oil reserves may have been overstated by as much as 300bn barrels – nearly 40%." (Quoted from article)
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