Oli Reserve Problem ?
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In 2008, some banks disappeared, including the Belgian bank Fortis. On September 26th, Fortis was said to have no solvency problems, but just a week later on October 5th, Fortis had to be rescued by the governments of Belgium, the Netherlands, and Luxembourg. The document questions whether major oil companies could suddenly announce problems with their oil reserves, similar to how Fortis was said to be solvent before quickly needing to be bailed out.
Oli Reserve Problem ?
- 1. In 2008, Some Banks have disappeared.
- 2. In Belgium, FORTIS was a strong Bank
- 3. On Sept 26th, Someone said ¡° Fortis has no solvability problems¡±
- 4. On October 5th, FORTIS had to be rescued by the BeNeLux governments
- 5. Today, There is still a large petrol reserve
- 6. What if ? TOMORROW Texaco, BP, Total or Shell tell us...
- 7. there is a sudden OIL RESERVE PROBLEM ?
- 8. Maybe, tomorrow, Someone will tell us oil's reserves are empty
- 9. Just as, Yesterday, Someone told us the bank is bankrupt