[MCN] Wall St Journal covers Exxon's keep-it-in-the-ground dilemma

Lance Olsen lance at wildrockies.org
Sat Sep 17 22:42:44 EDT 2016

When Should a Company Write Down Assets
Wall Street Journal
  - ?14 hours ago?
Exxon Mobil Corp. XOM -1.23 % is under scrutiny for a question that's 
fraught for any business: When should a company decide its assets 
literally aren't worth it?

Full story behind paywall at:


"Booms have consequences."

James Grant.
Money of the Mind : Borrowing and Lending in America from the Civil 
War to Michael Milken.
Farrar Straus Giroux. 1992.
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