Art, Spirit, Science:
News and Ideas by John Azelvandre
Saturday, March 20, 2004
Shell Oil's missing reserves
Shell Oil has been in the News this week, as regulators question whether they tried to deceive stockholders by overstating oil and gas reserves. Then, later in the week, they reduced their reserve estimates again. This might be reading too much into the situation, but might this mean we're starting to run out? I wouldn't expect gasoline prices to drop anytime soon.