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They're trying to get out now by selling to suckers who don't realize that most of their oil assets are worthless. I don't mean that they've falsified accounts
by defen 10y ago
They're trying to get out now by selling to suckers who don't realize that most of their oil assets are worthless. I don't mean that they've falsified accounts of how much oil they have, I mean that most of it is going to stay in the ground because it won't be worthwhile to pump it out.
- mathattack 10y agoSelling 5% barely qualifies as getting out. Perhaps it's a way to funnel money to specific families or people, but it would be very hard to sell the remaining 95%.