Culture of Inflating Oil Reserves Helped Stoke U.S. Shale Boom
Workers use a bucket to collect a sample of crude oil at a multiple well platform in an oilfield in Russia. (Photographer: Andrey Rudakov/Bloomberg)

Culture of Inflating Oil Reserves Helped Stoke U.S. Shale Boom

(Bloomberg Businessweek) -- America’s shale revolution grew out of a well-orchestrated dance. For almost a decade, producers wooed investors by touting rosy estimates of how much crude oil they cou...
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