Why are crude oil reserve estimates somewhat unreliable?

All reserve estimates involve uncertainty due to the interpretation of geologic data.

Some countries falsify data for political reasons.

The original estimates are almost always low and tend to grow with time.

All of the above.

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Ralph Vargas

18 August, 04:22

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Ari Downs · Answer 1

The answer would be A. " All reserve estimates involve uncertainty, depending on the amount of reliable"

Why are crude oil reserve estimates somewhat unreliable?All reserve estimates involve uncertainty due to the interpretation of geologic data.Some countries falsify data for political reasons.The original estimates are almost always low and tend to grow with time.All of the above.