World has tapped just 18 percent of global oil supplies

[SON OF HARRY HOPE]

World has tapped just 18 percent of global oil supplies, Saudi
executive says
By Associated Press
Wednesday, September 13, 2006 - Updated: 07:19 AM EST

VIENNA, Austria - The world has tapped only 18 percent of the total
global supply of crude, a leading Saudi oil executive said Wednesday,
challenging the notion that supplies are petering out.

Abdallah S. Jum’ah, president and CEO of the state-owned Saudi
Arabian Oil Co., known better as Aramco, said the world has the
potential of 4.5 trillion barrels in reserves - enough to power the
globe at current levels of consumption for another 140 years.

http://news.bostonherald.com/international/view.bg?articleid=157340
====================================================
"I am trying to do two things: dare to be a radical and not a fool,
which is a matter of no small difficulty."
----James A. Garfield (1831-1881) 20th US President

[Roger]

Post by SON OF HARRY HOPE
World has tapped just 18 percent of global oil supplies, Saudi
executive says

So keep burning it like it'll never run out!

Take baths in it!

Pave your fields with it!

Put it in a lake and cook some weenies!

Morons.

Post by SON OF HARRY HOPE
By Associated Press
Wednesday, September 13, 2006 - Updated: 07:19 AM EST
VIENNA, Austria - The world has tapped only 18 percent of the total
global supply of crude, a leading Saudi oil executive said Wednesday,
challenging the notion that supplies are petering out.
Abdallah S. Jum’ah, president and CEO of the state-owned Saudi
Arabian Oil Co., known better as Aramco, said the world has the
potential of 4.5 trillion barrels in reserves - enough to power the
globe at current levels of consumption for another 140 years.
http://news.bostonherald.com/international/view.bg?articleid=157340
====================================================
"I am trying to do two things: dare to be a radical and not a fool,
which is a matter of no small difficulty."
----James A. Garfield (1831-1881) 20th US President

[Kevin Cunningham]

Post by SON OF HARRY HOPE
World has tapped just 18 percent of global oil supplies, Saudi
executive says
By Associated Press
Wednesday, September 13, 2006 - Updated: 07:19 AM EST
VIENNA, Austria - The world has tapped only 18 percent of the total
global supply of crude, a leading Saudi oil executive said Wednesday,
challenging the notion that supplies are petering out.
Abdallah S. Jum'ah, president and CEO of the state-owned Saudi
Arabian Oil Co., known better as Aramco, said the world has the
potential of 4.5 trillion barrels in reserves - enough to power the
globe at current levels of consumption for another 140 years.
http://news.bostonherald.com/international/view.bg?articleid=157340

Of course no executive of any company has ever lied. That would be
unthinkable! The executives at Enron for instance are known for their
truthfullness.

[Roger]

Post by Kevin Cunningham

Post by SON OF HARRY HOPE
World has tapped just 18 percent of global oil supplies, Saudi
executive says
By Associated Press
Wednesday, September 13, 2006 - Updated: 07:19 AM EST
VIENNA, Austria - The world has tapped only 18 percent of the total
global supply of crude, a leading Saudi oil executive said Wednesday,
challenging the notion that supplies are petering out.
Abdallah S. Jum'ah, president and CEO of the state-owned Saudi
Arabian Oil Co., known better as Aramco, said the world has the
potential of 4.5 trillion barrels in reserves - enough to power the
globe at current levels of consumption for another 140 years.
http://news.bostonherald.com/international/view.bg?articleid=157340

Of course no executive of any company has ever lied. That would be
unthinkable! The executives at Enron for instance are known for their
truthfullness.

In fact, that's why they were made executives.