Oil production's peaking? Snag a Hummer

Royal Dutch Shell, the world's fourth-largest publicly traded oil company, reported a tiny, 3% increase in first-quarter earnings from a year ago, but said the high cost of sucking oil and natural gas out of the ground could delay some exploration projects, especially long-term developments, including one planned for the Gulf of Mexico. Shell also said it could no longer promise to replace 100% of the reserves it depletes this year.

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