Not exact matches
Proved
reserves of oil and
natural gas are volumes that geologic and engineering data demonstrate with reasonable certainty to be recoverable under
existing economic and operating conditions.
Plentiful oil and
natural -
gas reserves exist around the world, but the U.S. is far ahead of every other country in bringing those resources out of the ground and onto the market, writes WSJ.
Vast quantities of coal — proven to
exist — remain in the ground — but not included on the
reserve tally because they are not economically recoverable at current prices — in part due to the availability of oil and
natural gas.