Yipper that's the approach that most of the pundits are spinning.. and If you were gonna offer.. no doubt you'd want it to be on favorable terms.

My question is what are the condition of their reserves?

800 billion barrels of potential.. but what is it gonna COST to get to it?

Ghawar would free flow.. and the've been pumping it full of sea water for decades in order to maintain pressure.  If what they have is so golden.. 

Why do they wanna sell it?

Simmons was convinced that the World has overestimated what KSA has..  but then again he was an investment banker who hawked IPO's himself.. so maybe he knew a thing or two about promoting an asset.

It will be interesting to finally hear the scoop on those reserves.. somebody will probably be surprised...

Golly and I haven't locked fuel needs in yet..??  Too late now..???