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Unwarranted hostility

11/10/2008
The editorial “An unprecedented rebuke” (O&GJ, 10/13/08) might better have been titled “Unwarranted hostility” (OGJ, Oct. 13, 2008, p. 20). A major dilemma facing the US petroleum industry and especially international oil companies is that of being taken to task by the US government for doing what the industry is supposed to do: that is, to find and produce energy for the nation at the lowest practicable cost. This is a formidable challenge recognizing that new petroleum reserves are becoming increasingly hard to find and expensive to produce. Add to this the fact that the government-owned national oil companies (NOCs) control over 70% the world’s oil res...
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