Apparently Earth’s oil reserves are twice the size of published estimates, according to Richard Pike, CEO of the UK Royal Society of Chemistry, who says the inaccurate reporting of the capacity of multiple reservoirs is distorting the overall figure.
Oil companies produce a bell-shaped probability distribution for how much each oil reservoir might hold, and then [...]
Bell curves and oil reserves
Posted by John Lampard on Wednesday, 18 June, 2008 to the comment subset
