Adel al-Jubeir, to Americans one of the most familiar Saudi faces and the top foreign policy adviser and public relations flack for Saudi Arabia's Crown Prince Abdullah, said Wednesday, "The world is more likely to run out of uses for oil than Saudi Arabia is going to run out of oil." Ahhhhhhhh. Big sigh of relief.
Over the next five years, the Saudis have promised to boost production from their current 9.5 million barrels a day to 12.5 million. Al-Jubeir claims that the Saudis could pump at this level for the next 50 years.
To say that skeptics abound is an understatement.
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