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Articles by Louis Sahagun/Los Angeles Times
70% of US Shale Oil Reserves Disappear in Flash of Smoke
70% of US Shale Oil Reserves Disappear in Flash of Smoke
Louis Sahagun/Los Angeles Times · 70% of the US shale oil "reserves" are, or were, located in the Monterey Formation in California... but it looks like someone got a bit overoptimistic in their estimates: "Federal energy authorities have slashed by 96% the estimated...