Saudi Arabia intercepts ballistic missile northeast of Riyadh - reports
Are the Russians a bit slow off the mark? Or don’t care? Surely they must realize that all they need to do is feed some of the money into UK political parties coffers like (allegedly) some other influential rich people from a sandy country; articles like this won’t even appear on the So-Called BBC after that......
By Frank Hovis
The reserve figures are secret these days, especially with the partial sale of Aramco coming up, and are commonly believed to be overstated as they're not going down: new finds magically replace extracted oil.
But there have been no new big finds since the 1970s. So that seems "unlikely".
Current claimed reserves are roughly at the level of 1989 - 260bn barrels - but that was a huge hike upon the 1987 figure of 170bn of easily recoverable oil and suggests the inclusion of probable / possible reserves.
So going back to that 1987 figure as the last undisputed figure and bearing in mind no big new finds since start deducting the c. 10m barrels a day production, 3.65bn per year.
Thirty years' extraction to 2017 is 109.5bn of that 1987 reserve. The remaining 60.5bn will last a mere 16.5 years which isn't very long at all.
Now there will be unders and overs: improved extraction techniques Vs sea water contamination of fields from previous extraction techniques which will blur this figure.
So that 16.5 may be 20 years or it may be 15. Either way it's not long.
Then it's back to being goat herders and no more funding the export of islam and islamic terrorism.
Not long now
By Frank Hovis
This is getting into wtf territory.
For years we have all been baffled by the slack cut to the Saudi royals and now they have gone, in a coupe of weeks, from the world's richest and luckiest people to torture victims. And this is miles down the news behind Barak Obama's daughter kissing somebody of whom I've not heard and somebody else of whom I've not heard being thrown off a reality show I don't watch.
Is the MSM just openly taking the piss now?
EXCLUSIVE: 'American mercenaries are torturing' Saudi elite rounded up by new crown prince - and billionaire Prince Alwaleed was hung upside down 'just to send a message'
Source in Saudi Arabia says American private security contractors are carrying out'interrogations' on princes and billionaires arrested in crackdown Detained members of Saudi elite have been hung by their feet and beaten by interrogates, source says Among those hung upside down are Prince Alwaleed bin Talal, an investor worth at least $7 billion who is being held at Riyadh's Ritz Carlton Arrests were ordered three weeks ago by Crown Prince Mohammed bin Salman Source claims mercenaries are from 'Blackwater', a claim also made by Lebanese president But its successor firm denies it has any operations in Saudi Arabia whatsoever and says its staff abide by U.S. law Americans who commit torture abroad can be jailed for up to 20 years http://www.dailymail.co.uk/news/article-5108651/American-mercenaries-torturing-Saudi-princes.html
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