The most interesting statistics in this entire BP report is that there are currently 54 years of oil reserves and 64 years of natural gas reserves. The true figures are much smaller as this report understates demand by huge proportions failing to reflect about 1.2...
In the June 23 article in the Financial Times on quantitative easing of the United States, there is a gigantic fact here that few really understand. It is the 2.9 trillion dollars of Federal Reserve Credit. At the time of the fall of Lehman there was only 900 billion...
