27.04.2016 - Saudi Arabia Can’t Quit Oil
Saudi Arabia announced the seemingly impossible. The world’s largest oil producer and owner of an oil company reportedly worth more than $2 trillion, is going to kick its fossil fuel habit, Deputy Crown Prince Mohammed bin Salman said. “We have developed a case of oil addiction in Saudi Arabia,” he told al-Arabiya television news channel, after officially unveiling a plan whose key parts had already been carefully released. Forty percent of the kingdom’s GDP and a whopping 90 percent of the government’s revenue comes from oil...............................................Full Article: Source
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