http://articles.moneycentral.msn.com/Investing/JubaksJournal/IsExxonMobilsFutureRunningDry.aspx?page=1
This is an interesting article concerning Exxon specifically (and their specific situation), however towards the end of the first page the author talks about who controls the oil reserves. It specifically states how "government" companies now control 80% of the known oil reserves.......... I made a reference to these stats in one of our most recent 20 million "discussions" over oil prices/companies about how our western oil companies don't really have the power to just do what they want like they used to and how the notoriously inefficent government oil companies are causing a decline in production. I was just lucky to find another article (except for the ones I originally got the info from), for those who didn't believe it.
ExxonMobile (interesting article)
