Oil bigs to Obama: Get real

The CEO of Saudi Aramco, the national oil company of Saudi Arabia, lashed out at the Obama administration Thursday, lamenting the oversupply of

Al Falih anchored an extraordinary collection of representatives of major oil producers at a morning session at the World Economic Forum in Davos, Switzerland. Chaired by consultant and prizewinning author Daniel Yergin, the panel provided a heavy dose of reality into a debate often dominated in Western media and policy circles by a hopeful yearning for alternative energy.

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