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Gold/Mining/Energy : Big Dog's Boom Boom Room

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From: CommanderCricket	6/7/2011 2:34:16 PM
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Here's a bunch of oil that will not be exported from the Saudi's. We may get to bid on the finished products though. Saudi Plans $100 Billion to Raise Petrochemicals Output by 2016 By Wael Mahdi June 7 (Bloomberg) -- Saudi Arabia plans to invest $100 billion over the next five years to boost its petrochemical output to more than 80 million metric tons a year, a board member of Saudi Aramco said. Saudi Arabia produces 60 million tons a year, about 62 percent of total Gulf Cooperation Council output, Qatar News Agency reported today, citing Mohammed ibn Ibrahim Al-Suwaiyel, who is also president of King Abdulaziz City for Science and Technology.

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