At the Skunk Works
R.W. Johnson, 23 February 1995
Fool’s Gold: The Story of North Sea Oil
by Christopher Harvie.
Hamish Hamilton, 408 pp., £18.99, October 1994,0 241 13352 1 Show More
by Christopher Harvie.
Hamish Hamilton, 408 pp., £18.99, October 1994,
“... reserves of only 8.5 billion to 14 billion barrels. To the companies’ fury, the LSE academic, Peter Odell, argued that this was just an oligopolistic fudge: the true reserves he estimated to be between 78 and 100 billion barrels. In the end this turned out to be far closer to the truth: the early estimates of Brent and Forties both had to be upped ... ”