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Politics : Rat's Nest - Chronicles of Collapse -- Ignore unavailable to you. Want to Upgrade?

To: Wharf Rat who wrote (11818)	2/8/2011 6:05:09 PM
From: Wharf Rat	Read Replies (1) \| Respond to of 24210

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%" "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%." guardian.co.uk. guardian.co.uk PS...same is true for all OPEC countries..google phantom oil reserves.