My previous article on Saudi Arabia's reserves really stirred up some emotions. Given some of the reactions I have seen, I want to clarify a few things. First, that article wasn't intended to be a proof that Saudi's reserves are 270 billion barrels. It was instead a look at how some have concluded that Saudi's reserves are far lower than this. My conclusion is that those methods doesn't give accurate results when looking at other countries, and so I don't believe they are valid critiques of Saudi's reserves. I believe that the reserves claims from Saudi are consistent across multiple lines of evidence. That doesn't ... (full story)