Wikileaks: Saudi oil reserves overstated by 40%?

Cables released by Wikileaks report that Saudi oil reserves may be overstated by as much as 40%. The US fears that Saudi Arabia, the world's largest crude oil exporter, may not have enough reserves to prevent oil prices escalating, confidential cables from its embassy in Riyadh show.The cables, released by WikiLeaks, urge Washington to take seriously a warning from a senior Saudi government oil