Exxon: Oil Becoming Hard to Find

Exxon Mobil Corp. is having trouble finding more oil, it revealed yesterday in its earnings call. The company said it was depleting its reserves, replacing only 95 out of every 100 barrels it pumps. Though it tried to put a brave face on that by saying it had made up…

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Exxon: Oil Becoming Hard to Find

Posted by on February 16, 2011. Filed under News, World News. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry