WikiLeaks cables: Saudi Arabia cannot pump enough oil to keep a lid on prices

US diplomat convinced by Saudi expert that reserves of world's biggest oil exporter have been overstated by nearly 40%

The US fears that Saudi Arabia, the world's largest crude oil exporter, may not have enough reserves to prevent oil prices escalating, confidential cables from its embassy in Riyadh show. Full Story »

Posted by Jon Mitchell - via Dave Winer, Slatest, Memeorandum, The Guardian (US), NewsRack (Energy), Jeppe Kabell (t), Shakthi Sivanathan (t), Randy Benson (t), Thanh Tran (t)

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