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Politics : Foreign Affairs Discussion Group

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To: Brumar89 who wrote (88001)	3/30/2003 2:31:07 PM
From: Ilaine	Read Replies (1) of 281500

I don't know all the ins and outs of the history of Aramco, but I believe that in 1987 100% of it was transferred to Saudi Arabia by its former owners. Saudi Arabia owns it outright, that much I do know. According to the Department of Energy, Aramco controls 98% of reserves in SA and has a 100% monopoly on upstream oil production. eia.doe.gov In other words, another conspiracy theory fails to survive contact with reality.

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