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Oil: Burning their wealth (Mídia)

Oil: Burning their wealth published by The Economist (4/2012)

“BRAD PLUMER links to a Wall Street Journal story on Saudi Arabia’s increasing consumption of its own oil output. The story reads: With domestic electricity demand rising 10% per year in Saudi Arabia, the kingdom now devours more than a quarter of its oil production—nearly three million barrels per day. International Energy Agency figures show that Saudi Arabia now consumes more oil than Germany, an industrialized country with triple the population and an economy nearly five times as large…”

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