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Saudi domestic consumption increasing at 10% a year will diminsh the Saudi role as a reserve supplier. Estimates are for zero reserve supplies by 2020 and oil imports by 2038, so large is the effect of growing use of oil at home. The Arab Spring means subsidies and social spending will increase, supporting continuing use of oil at current levels for a rapidly growing population.
The End of the Saudi Oil Reserve Margin
Wall Street Journal 04/03/2012
Rising Saudi Thirst for Oil Drives Plans to Go Nuclear
Wall Street Journal 06/23/2011
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