Proved Reserves Are Likely to Underestimate the Total Quantity of the Resource

question 193

Multiple Choice

Proved reserves are likely to underestimate the total quantity of the resource in the ground because

• A) of flaws in information flows between countries.
• B) government agencies have an incentive to keep reserves secret.
• C) of future improvements in technology and higher future prices.
• D) scientists have not been able to use the latest techniques to estimate reserves in less developed countries.