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Politics : Foreign Policy Discussion Thread
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To: TimF who wrote (8097)2/5/2007 4:09:24 PM
From: Keith Feral  Read Replies (1) of 15987
 
Exactly, Tim. CVX is doing a much better job right now of replacing reserves. There is a lot of inflation push into the production costs of crude right now, as companies work much harder to find new reserves. They are there, but at a higher price.
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