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Budget politics to create gap in US reserves data

05/16/2011
by Bob Tippee, EditorThe decision to skip a year's worth of US reserves estimates recalls long-ago arguments about the superiority of government data over supposedly tainted numbers from the oil and gas industry. Caught in a budget cross-fire, the US Energy Information Administration won't produce its annual report of oil and gas reserves for 2011 (OGJ Online, May 2, 2011).EIA has been the authority on US reserves since 1980, when it took over yearly reporting done for decades by the American Petroleum Institute and American Gas Association.That change happened partly because politicians didn't trust numbers about oil and gas from the oil and gas industry and partly because API and AGA wa...
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