Why Billions in Proven Shale Oil Reserves Suddenly Became Unproven

http://insideclimatenews.org/todaysnews/16062016/why-billions-proven-shale-oil-reserves-suddenly-became-unproven

Bloomberg A Bloomberg investigation shows 59 U.S. energy companies this year deleted more than 20 percent of their oil and gas reserve inventories, amounting to the equivalent of 9.2 billion barrels. The reason has to do with the SEC’s requirements for valuing reserves and the plunge in oil prices. Read original story read more

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