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Politics : Foreign Affairs Discussion Group
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To: Wharf Rat who wrote (186399)5/10/2006 4:50:01 AM
From: Hawkmoon  Read Replies (1) of 281500
 
It has already been investing heavily in expensive "unconventional" oil sources such as Canada's oil sands and fuel from natural gas using gas-to-liquids technology.

Mr Van der Veer said those energy sources might not, however, qualify as proved oil and gas reserves under SEC guidelines.

Hmmm.. Government intervention again.. ;0) Why would the SEC care about where the oil comes from, so long as the cost of production is annotated in the financials?

Hawk
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