Oil shortage a myth, says industry insider

The Independent by Steve Connor | Jun. 9, 2008 (News Report)

There is more than twice as much oil in the ground as major producers say, according to a former industry adviser who claims there is widespread misunderstanding of the way proven reserves are calculated. Full Story »

Posted by Chris Finnie

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Kate Bacon
4.1
 by Kate Bacon - Oct. 1, 2008

As much as I want to embrace this story, and as well balanced as they presented it, there's more to the oil reserve question than was covered, and therefore made me hesitant to feel this was some breakthrough in th oil picture.

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Kate's Rating

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