http://www.runet.edu/~wkovarik/oil/index2.htmlThe "traditional" view (British Petroleum). THE OIL RESERVE FALLACYProven reserves are not a measure of future supply The Middle East does not have two thirds of all world oil reserves, as is claimed by the oil companies and the US Dept. of Energy. It only has two thirds of "proven" oil reserves. According to the US Geological Survey, other categories of oil reserves need to be taken into account. They say the Middle Ea...
Updated: 2:49 PM GMT op 29 juni 2008
A A A