<DrumBeat: February 3, 2007The Oil DrumDrumBeat: February 4, 2007>

158 comments on Exxon Mobil conference calls

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Hothgor on February 3, 2007 - 2:12pm Permalink | Subthread | Parent | Comments top

Well it must look 'odd' in the US then, because that is exactly what happened here, but over several decades instead of just one.

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Stuart Staniford on February 4, 2007 - 12:14am Permalink | Subthread | Parent | Comments top

The total proved reserves in the US have been declining for decades.

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Hothgor on February 4, 2007 - 1:21am Permalink | Subthread | Parent | Comments top

Yes, but not as fast as we have been depleting our reserves on a yearly basis. Its roughly half as much.

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Stuart Staniford on February 4, 2007 - 2:48am Permalink | Subthread | Parent | Comments top

Sure, but they have not jumped up by 110gb, or jumped up in any way shape or form. Had they done so, it would seem very odd, as it does in Saudi Arabia.

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