Kuwait's oil reserves may only be half of those claimed in the official reports. Why isn't the media covering this important story?
LONDON, Jan 20 (Reuters) - London Brent crude futures rose $2 on Friday to its highest level since early September after a report that Kuwait's oil reserves are only half those officially stated.
How long before the Saudis and other major oil suppliers admit that their reserves are grossly exaggerated?
Maybe this is why oil production has leveled off over the past year?