Naimi contended 70% of the world's future oil demand growth would come from Asia. Kuwaiti oil minister Sheikh Ali al-Jarrah al-Sabah also said there was no need for OPEC to consider boosting oil supplies, though the group would not hesitate to raise output when necessary. Butter said certain conditions would have to apply before this occurred, including "clear signs of demand starting to outstrip supply and prices spiking at over US $70 per barrel."

Who just said $70 a barrel ?????

And who predicted the Saudi's would raise the bar to $70 ?

Now its time for Stuart to win his bet too bad we don't have any takers. For all you people that don't believe KSA is in decline explain how I could use the evidence presented on this board to predict that KSA would raise the bar and it comes to pass. And yet we are wrong ?

KSA is in decline live with it.