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Politics : Foreign Affairs Discussion Group

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To: jttmab who wrote (206984)	10/26/2006 4:37:03 PM
From: mistermj	Read Replies (1) of 281500

WHAT HAPPENS TO RESERVES WHEN THE PRICE INCREASES? Canada's reserves recently jumped +174 Billion Barrels. So whats your point? Reserves are just a function of price. They do not point to resource depletion. Reserves are dynamic and controlled by price...you think they are static and finite. Your analysis is much too simple and glaringly leaves out the most important factors. WHAT HAPPENS TO RESERVES WHEN THE PRICE INCREASES?

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