Word: saudi
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...Former Saudi oil minister Sheik Ahmed Zaki Yamani once said, "The Stone Age didn't end because we ran out of stones." The oil age will not end because we've run out of oil. It will end because people invent alternatives...
...that given U.S. coal stocks, the country should be able to produce enough oil from coal to replace 30% of its imports. For Davies, the logic of such figures is undeniable. "In 10 years, India and China will need 17 million bbl. a day, and that's more than Saudi Arabia's annual production," he says. "There's just a lot more coal reserves than oil reserves...
...want to give a shout-out to all my Saudi Arabian brothers and sisters. If you could all please send me some oil for my jet, I would truly appreciate it.' SEAN (DIDDY) COMBS, hip-hop mogul, in a video blog, on the high cost of fuel. Combs added, "I can't believe I'm flying commercial...
...just generational diversity that separates the new 90210 from the old. In the original, the only nonwhite cast members were extras - black students inexplicably wearing business suits to school and a couple of young Saudi sheiks roaming the quad. In 90210 2.0, Dixon, who is adopted, is African American. Another regular character, Navid Shirazi, is an Iranian-American student played by darkly handsome (though not Iranian) Michael Steger. So far the new show has thankfully avoided a Gabrielle Carteris - that is, an actor over age 30 trying to pass as a high schooler...
...only take about $9 billion to control the entire long position in oil. That sounds like an enormous amount of money, but some of the major individual players in oil are bigger than the market itself: Sultan Hassanal Bolkiah Muizzaddin, of Brunei Shell Petroleum, is worth about $23 billion; Saudi Prince Alwaleed Bin Talal Alsaud is worth about $21 billion; Russian Vagit Alekperov of LUKoil is worth about $13 billion. No, we're not implicating any of these guys in market rigging; in fact the list of billionaires with that kind of swag is long. The point is that anyone...