State-run, national companies rule
88% of proven reserves in grips of politically volatile, left-leaning regimes; Denver energy advisor says role in oil sands essential
By Gary Park
For Petroleum News
There’s 1.3 trillion barrels of proven oil reserves around the globe, enough, you might think, to ease worries of a supply crisis.
But after Thomas Petrie, chairman of Denver-based energy advisor Petrie Parkman & Co., has broken down that total the cause for concern becomes obvious.
Speaking to the....
[additional news subjects in this story]
Petrie: international companies need oil sands
Alberta lands sales up
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