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Nihil

(13,508 posts)
7. Yep!
Fri May 3, 2013, 05:05 AM
May 2013

> Anyway, I'm not sure I believe these reserve estimates ... oil companies stock prices go up
> if it looks like they have product to sell in the future, they have a big interest in promoting
> the notion of big reserves.

They're applying the old Saudi trick: Inflate "reserves" to whatever fictional level you want and
just make sure to cash most of it out before the truth comes home ...



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