The Pandemic Could Wipe 20% of Exxon’s Oil and Gas Reserves Off the Books
![The Pandemic Could Wipe 20% of Exxon’s Oil and Gas Reserves Off the Books 2](https://i.kinja-img.com/gawker-media/image/upload/s--O0Tv-u1t--/c_fit,fl_progressive,q_80,w_636/xnjyuzfj00qrl76zpuah.jpg)
The oil industry isn’t looking too great, folks. That’s especially true for Exxon, which has lost upward of $1 billion due to the economic crisis last quarter alone. Its downward spiral isn’t over, though.
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