REPORT ABUSIVE REPLY
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Message Subject
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Matt Simmons Validated: Saudi Arabia may have 40% Fewer Oil Reserves than Reported
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Poster Handle
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Anonymous Coward |
Post Content
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Yes, and the US has hundreds of times more.
Quoting: Anonymous Coward 1211743Yes, at far lower energy invested to energy returned ratios, making a barrel of oil far, far more expensive. Plus, capital would be required to start production, which right now with the markets indicating a top could be very difficult to find.
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