Quote:
Originally Posted by Slava
Just out of curiosity, how long can the Saudis reasonably do this? Like I understand that they have huge reserves and all that, but even their reserves are finite. We're not talking about a pool that never depletes. Maybe someone in the know can give an explanation of just how much oil they have?
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They still have alot of oil - still on primary production no less. The big thing is the cost of production being so much lower than here in North America. They are still wildly profitable at $70.