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Much of the oil reserve data from other countries also comes from oil producers and their industry allies, who have a stake in painting a rosy picture.
the vague production and reserve data that gets published does not begin to tell the whole story of an oil field's health, production potential or even its size.
"If they want to satisfy people, they should issue field-by-field production reports and reserve data and have it audited," he told me.
It has increased significantly over the past decade, which would follow federal reserve data showing the consumer student loan debt increasing 275percentt from 2003 to 2012.
Some of the studies used all the available data to fit a model and did not reserve data for assessing forecast accuracy.
Similar(55)
According to Federal Reserve data, American individuals owned 97percentt of their shares outright.
Americans are borrowing more even as they have racked up enormous amounts of consumer debt, Federal Reserve data show.
It wasn't until 1994 that outstanding corporate loans started to grow again, according to Federal Reserve data.
In 1999, according to Federal Reserve data, foreign investment funds bought a net $98.1 billion of American stocks.
The average corporation has debt that is 6.1 times its cash flow, based on an analysis of Federal Reserve data.
At the same time, the rate of deleveraging has been slowing, according to Federal Reserve data.
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CEO of Professional Science Editing for Scientists @ prosciediting.com