You have commented 339 times on Rantburg.

Your Name
Your e-mail (optional)
Website (optional)
My Original Nic        Pic-a-Nic        Sorry. Comments have been closed on this article.
Bold Italic Underline Strike Bullet Blockquote Small Big Link Squish Foto Photo
Home Front: Politix
An estimate of how much Oil is left in the World
2022-06-23
[Worldometers] Data shown in the table is for 2016. Counter shows current estimate.

11 United States 35,230,000,000 bbl 2.1%

Contrast with this published in early 2021:
U.S. Crude Oil and Natural Gas Proved Reserves, Year-end 2020

[EIA] Proved reserves of U.S. crude oil and lease condensate declined 19%, from 47.2 billion barrels to 38.2 billion barrels at the end of 2020.

Proved reserves are estimated volumes of hydrocarbon resources that analysis of geologic and engineering data demonstrates with reasonable certainty 1 are recoverable under existing economic and operating conditions. Reserves estimates change from year to year because of:

  • New discoveries

  • Thorough appraisals of existing fields

  • Production of existing reserves

  • Changes in prices, costs, ownership, or planned infrastructure

  • New and improved techniques and technologies
Posted by:NN2N1

#3  Can be grown also.
Posted by: Dale   2022-06-23 13:44  

#2  Cripes, you know that's like saying Herb three times?
Posted by: swksvolFF   2022-06-23 13:25  

#1  Regime Change in Venezuela would seem a worthy goal for the CIA. If the chart is accurate, civilian nuke power plants and that whole Monroe Doctrine thingy would be worth a re-look!
Posted by: NoMoreBS   2022-06-23 12:09  

00:00