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Old 19th Dec 2015, 05:51
  #23 (permalink)  
MG23
 
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Originally Posted by Turbine D
Five years may be an underestimation if Saudi Arabia decides to pump as much oil out of their patch as possible, regardless of price obtained, rather than leaving it in the ground and getting nothing in the future.
Last I heard, Saudi will go bust in less than five years at current oil prices.

Besides, the premise is silly; it's better to sell one barrel of oil for a trillion dollars than a trillion barrels at one dollar each.
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