13 Quotes by Ali Naimi

But in the intervening years, when we were supposedly facing ap precipitous decline, world oil reserves more than doubled.

Government policies aimed at reducing oil demand create another element of uncertainty for producers. This added risk is detrimental to timely investment decisions.

The current price level is providing the returns needed to attract adequate investment. We believe spare crude oil production capacity will grow sufficiently in the next 3-4 years to restore some margin of safety to world crude markets.

The crude is available, ... If you want it, there it is.