Some interesting comments by the Saudis and OPEC today.

Wasn't it just about a year ago that the Saudis said that they could not find buyers for all of their oil, "even their light, sweet oil?"

Is there enough oil to cover this increasing demand for energy, especially with the spread of the "peak oil" theory in western states, which doubt the reserve figures of OPEC countries? The problem with this new-old theory, which finds listeners whenever oil prices rise and spreads fear and anxiety among some analysts, is that its viewpoint cannot be defended in realistic terms. The proponents of this theory cast doubt and lies without any convincing material evidence.

And who is to blame if western theorists can't support their theory with facts? Well, perhaps Aramco should publish empirical facts and figures regarding their production. In the absence of such, what should we think?