SocraticGadfly: Saudis claim will pump another 500K barrels

June 14, 2008

Saudis claim will pump another 500K barrels

Color me among the skeptics. And, I’m not alone, obviously.

Hell, I’m not even sure they’re pumping the additional 300K barrels they said they would last month.

And, as for the KSA claim it can add another 3 million barrels a day above current levels by the end of next year? I’ll believe it about three years after it allegedly starts happening.

The Saudis know how to “play” the Western world and Western media better than most OPEC countries.

Call this half a million barrels of PR.

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