Here is a terrific dinner-party conversation starter:
10.05 Million – that’s the number of oil barrels produced by the Kingdom of Saudi Arabia per day the other month. Yep – November 2011 saw the highest output of oil since 1980.
And while we are at numbers, the state-owned national oil company Saudi Aramco is estimated to be worth $8 trillion USD, manages over 100 oil and gas fields in Saudi Arabia and today is the world’s largest and most valuable company.
As for me: well, I do not drive nor operate heavy machinery, and in the main take the electrically-run Dubai Metro for transportation, so all this oil is getting gobbled up someplace else. Possibly in Dubai where cars go for a song and petrol is the cheapest I have seen anywhere in the world. Taxi!
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