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Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)
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Author: newfydog   😊 😞
Number: of 15061 
Subject: Re: Blood in the streets coming for the oil business _
Date: 05/05/2025 11:11 AM
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Back in the '80s I had a discussion with a geologist who had just spent a couple of years in Saudi Arabia compiling an inventory of their non-oil minerals. He indicated they had plenty of resources once their oil runs low.

It is not possible to replace much of the Saudi oil business with other minerals. The market cap of Saudi Aramco is twice that of the 10 largest mining companies in the world combined.
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