Is Saudi Arabia Exaggerating Its Oil Production Potential?

oh my,
>oilprice.com/Energy/Energy-General/Is-Saudi-Arabia-Exaggerating-Its-Oil-Production-Potential.html
>Is Saudi Arabia Exaggerating Its Oil Production Potential?
>For years, Saudi Arabia has made some pretty hefty claims about its oil potential.
>It is becoming increasingly clear, however, that the Kingdom may be stretching the truth a little too far.
>Analysts are now beginning to doubt that Saudi Arabia even has the reserves it says it has.

Attached: arabian-oil.png (877x788, 367.61K)

So, what are they gonna do when it runs out?
Was Clarkson right, go back to camels and carpets?

The better question is what will the global economy do when oil is 700 dollars a barrel.

Attached: 1654897713981.jpg (646x492, 53.59K)

>Saudi Arabia, please, increase the oil output, we're getting mercilessly fucked by our own dumb sanctions, also forget our attempts at discrediting you for doing same thing w do dime a dozen times a year
>fuck off
>some smug anglokike "Is Saudi Arabia Exaggerating Its Oil Production Potential?"
At this point this modus operandi is comical in it's level of retardation and playground bullying tactics expecting some semblance of results. Western civilization have truly peaked in 20 years post WW2 and we're now stuck with buffoons and imbeciles living in some sort of made up hyper reality.

Attached: 1653349831712.jpg (500x599, 41.58K)

not sure, apparently they have been gambling on different investments for a long time, but doubt is enough to cover the hole left by oil
yeah, not sure how russian sanctions will go if arabia saudi can't help to cover the difference

Entirely manufactured crisis. Environmentalists want you to eat bugs and live in the pod.

It will belong to Russia, India and China.

Attached: 1657001889656.png (256x350, 200.96K)

And judaists (your family) put a lot of effort into making energy a scarce and overpriced resource.

> inb4 default jewish script for the situation

they'll get invaded by iran and since they are no longer an american ally, because no oil, they'll fall

It does kinda explain what they are doing now
They could be selliing shitloads but they are restricting output, Ok, keeps prices high but why bother if you have loads and loads of a product everyone is trying to stop using
They have spent the last 10 years investing
You would be amazed at some of the shit they have money in

>they'll get invaded by iran
You sure about that my swarthy low IQ mystery meat friend?

Attached: usure.jpg (984x373, 29.53K)

>mutts are seething because saudis aren't drilling for them to undercut russians
What even is the end game for the NATOtrannies by spreading this "news"?
All its going to do is make crude even more expensive.

so peak oil is not real?

Lmao it reminds me of the attempted rationalizing and shilling for Maduro the immediate moment America begged for his oil. These people fucking suck

What have they been investing in? Didn't mbs go in big on a megacity in the middle of the desert?

the saudis expended most of their reserve years and years ago. over dependency on them by america due to the war on terror had done it, oil isnt all dead plants and animals. most of it is bacteria poo. various bacteria make it

the water table is a thing. the major cache they had started to fill up again. it wasnt as good and refined produced less gasoline but they still got more. the water table will move water around and bacteria use the moister and surroundings including dead bacteria to make oil

they can drain it below the water table at the high point when the moon is overhead and it wont fill up over night. it takes months and months so see any positive change. a few years offline and they can ramp up to pre offline levels

now here is the thing. they convert american oil to gasoline because they got so many refineries. so does indonesia. we pay them to do it with oil because we are stingy warmongers who dont have enough money to do it. how many years have to pass before they have so much they could flood the market with gasoline by themselves? 9 or so

i think uber, airbnb and many of those tech companies was mostly reinvested saudi oil money keeping them afloat, too bad they never got to be profitable lmao
not sure if they did some good investments too

Oil is obsolete

Peak oil is much like global warming or Armageddon. Its proponents will keep giving new dates and metrics no matter how many times it holds untrue.

So that's why Germany is now unironically considering limits on hot tap water?

>the water table is a thing. the major cache they had started to fill up again. it wasnt as good and refined produced less gasoline but they still got more. the water table will move water around and bacteria use the moister and surroundings including dead bacteria to make oil
how is that theory called that oil is a renewable energy source cause there's subterranean creatures generating oil? would be cool if it was true, but sounds a bit too convenient

lel i wonder how much of their investments actually paid off.

Until the world doesn't run on diesel anymore you are wrong.