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

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To: dvdw© who wrote (104121)	7/1/2008 9:21:23 AM
From: elmatador	of 206086

One possibility why Aramco Saudi oil well is fuzzy issue. I am a 25 year veteran expat who worked in projects abroad. Although not in the oil field, I know how the typical behavior of the Expatriate is. If you understand how expatriates and contractors are you will some conclusions on how things are done. If Aramco expats contractors who live off Ghawar know that oil well is going to go down, and perhaps needs costly extraction, they have all reason in the world to keep mum about. Else the Arabs start cutting costs and reorganizing and downsizing. It can be the case that the guys operating the field are keeping the Saudis in the dark. When you read that: "Khurais, about 90 miles east of Riyadh, the Saudi capital, is one of the planet’s last giant oil fields. The Saudis say that it holds 27 billion barrels of oil — more oil than all the proven reserves of the United States — and that it will significantly bolster the kingdom’s production capacity once it starts pumping a year from now, easing global need." nytimes.com You should suspect. It can be an oil well that Aramco's termites use as the next log for them to keep their cushy jobs...

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