Quote:
Originally Posted by nik-
They spent 95 billion of it last year, so it's a lot higher than 1B a month.
|
So if the Saudi's are going through approx 95 billion/year, and this downturn is approx 1 year old... they only have 6.5 years until $0. What will Alberta look like in 6.5 years from now with sub-forty dollar oil? I think the Saudi's will be just fine, but not so sure about us.