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neutral zone

2 statements across 2 episodes · 1 bullish · 0 bearish · 1 people on the record · first statement Jul 9, 2024 by David Senra · across every show →

Everything said about neutral zone, oldest first

Jul 9, 2024
Assertion Supported
Getty's Saudi concession required $10.5M upfront, royalties, and 25% of profits
“He had to pay the Saudi Arabian government an immediate cash of 10.5 million dollars. We have to pay them a million dollars a year and a 55% per barrel royalty on all oil produced. We have to pay 25% of our net profits to the Saudi Arabian government.”
David Senra Jul 9, 2024 ▶ 51:46 J. Paul Getty: The Richest Private Citizen in America
Jul 10, 2024 positive
Assertion Partly supported
Getty produced 13B oil barrels from the Saudi neutral zone
“He gets this concession from the king of Saudi Arabia. And what's crazy is in the neutral zone, they're going to wind up producing. Getty's going to wind up producing. Thirteen billion barrels of oil.”
David Senra Jul 10, 2024 ▶ 17:56 How To Be Rich by J. Paul Getty
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