"On the current trajectory, Saudi Arabia’s domestic energy consumption could limit its exports of oil within a decade. This would have a severe effect on government spending, over 80% of which is dependent on oil revenues.1 Ultimately, it may reduce Saudi Arabia’s spare production capacity, causing greater volatility in the world oil markets."  

Fascinating new report by Chatham House – read about implications for peak oil and future geopolitical developments in the Middle East

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