
“The Stone Age came to an end not for a lack of stones, and the oil age will end, but not for a lack of oil.
Technology is a real enemy for OPEC. Technology will reduce consumption and increase production from areas outside OPEC.
The real victims will be countries like Saudi Arabia with huge reserves which they can do nothing with – the oil will stay in the ground forever.”
— Sheikh Ahmed Zaki Yamani, Saudi oil minister (1962-1986), on July 25, 2000.
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