Ann: Cooper Basin Update, page-14

Saudi Arabia in catastrophic debt? They've already said they could sustain financial viability at $20 a barrel dollars if they had to. They also have a surplus of cash in the vacinity of a trillion dollars ($us). Certainly not at risk of debt. The same can't be said for the US. Dont be fooled here, the Saudis are calling all the shots, and dictating to the world, and especially the US. This will hurt the yanks in a big way, and will significantly benefit the Saudis long term. Give up a little , to gain a lot. DYOR, MY opinion Only.