Friday, January 27, 2006 

Money Week: How 5% of the global oil supply has suddenly vanished The respected oil industry newsletter Petroleum Intelligence Weekly says that Kuwait has only half the oil that official estimates have claimed. That would mean that 5% of the global oil supply has vanished overnight, says Byron King in Whiskey & Gunpowder. But this might be just the tip of the iceberg - Saudi Arabia may well be facing the same problem...
posted by DavidG  @ 9:23 PM 0 comments


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