“Saudi Arabia Warns That Rocketing Domestic Oil Demand Could Slash Its Export Capacity” Or not.

Relying on unreliable sources makes us dumber.  Here we see a chain of reports, from facts to fantasy.  Since we enjoy soaking up misinformation, the Internet works just fine for us.

Saudi Aramco and its Role in Saudi Arabia’s Present and Future“, Khalid A. Al-Falih (Chief Executive Officer of Saudi Aramco), MIT
Club of Saudi Arabia Dinner, Riyadh, Saudi Arabia, 19 April 2010 — A mild speech, with no mention or even hint of a near-term decline in Saudi oil exports.

Version #2: “Saudi Arabia global oil exports to wane post-2010“, Risk.net, 27 April 2010 — Yes, 2028 is “post-2010”.  That’s a misleading way to write the headline, but it gets hits!

Version #3: “Saudi Arabia Warns That Rocketing Domestic Oil Demand Could Slash Its Export Capacity“, Business Insider, 28 April 2010 — Yes, in two decades.  But it’s a great headline!  The author obviously relied only on the Risk article.

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