Natural Gas Saudi Arabia

Saudi Arabia, already blessed with the world's largest reserves of crude oil, declared Monday that a new computer assessment shows it has about 50% more crude oil and 25% more natural gas than previously believed. If correct, the new Saudi numbers would boost by about 10% the free world's proven reserves of crude oil to the 900-billion-barrel range. This would tend to prolong the oil era and underscore the reliance of industrialized nations on the Middle East.

Saudi Arabia, already blessed with the world's largest reserves of crude oil, declared Monday that a new computer assessment shows it has about 50% more crude oil and 25% more natural gas than previously believed. If correct, the new Saudi numbers would boost by about 10% the free world's proven reserves of crude oil to the 900-billion-barrel range. This would tend to prolong the oil era and underscore the reliance of industrialized nations on the Middle East.

Saudi Arabia, holder of the world's fourth-largest natural gas reserves, will boost gas sales by 27% to fuel power stations and industrial development in the kingdom, freeing up more oil for export.

Few Americans have ever heard of Sergei Pavlovich Korolev. But he is the reason that NASA was created and that we went to the moon. It is because of this anonymous Russian that we have federally backed college loans in this country and National Football League games on DirecTV. The Chief Designer, as Korolev was mysteriously known because his true identity was a Soviet state secret, almost single-handedly started the space and missile races.