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: Instapundit.com

UH OH: WikiLeaks cables: Saudi Arabia cannot pump enough oil to keep a lid on prices. ?US diplomat?

By Glenn Reynolds

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UH OH: WikiLeaks cables: Saudi Arabia cannot pump enough oil to keep a lid on prices. “US diplomat convinced by Saudi expert that reserves of world’s biggest oil exporter have been overstated by nearly 40%.”

We’ve heard this kind of thing before. That was the gist of Matthew Simmons’ Twilight In The Desert: The Coming Saudi Oil Shock and the World Economy.


Full post as published by Instapundit.com on February 09, 2011 (boomark / email).

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