The bad news is that the UK is about to become a net importer of hydrocarbons; the good news, that we are now selling services to fascist regimes in Central Asia as well as colonising the lexicons of Middle Eastern analysts who, it seems, have stopped measuring oil supplies in barrels:
The impact of the Al Khobar attack on oil and the Saudi economy cannot be overstated. The kingdom boasts one forth of the world oil reserves.
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