The Saudis May Have Enough Oil

Check out this recent article in Newsweek. down at the bottom our own USGS estimates that the Saudis probably have much more oil than even they estimate.

Why is this last paragraph interesting. The USGS estimated that the current fields in Aaska (prudo bay, kuprik ) only had 12 billion barrels yet we have gone way beyond 14 billion, still counting at a good clip also, and will probably reach 20 billion before they come close to shutting them down (probably closer to 25 billion when the last barrel comes out )

The Saudis May Have Enough Oil