Not exact matches
Earlier this month the EIA released updated figures (pdf) that dropped the amount of
recoverable oil in that formation by
more than 90 percent, from around 14 billion barrels to just one billion.
Then there's well over a TRILLION barrels of
recoverable shale
oil,
more than the world has used in all of history.
There is a raging battle today about the size of fossil fuel reserves and resources, with «peakists» claiming that we are already at or near peak production of both
oil and coal because the amounts of economically
recoverable fuels in the ground are
more limited than the fossil fuel industry has admitted.
Slaughter estimated U.S. technically
recoverable, economically feasible tight
oil reserves at
more than 40 billion barrels:
The US Arctic Alaska Petroleum Province holds mean estimates of undiscovered, technically
recoverable oil and gas resources of nearly 30 billion barrels of
oil, about... Read
more →
The Beaufort and Chukchi seas off the coast of Alaska contain
more technically
recoverable oil and natural gas than the Atlantic and Pacific coasts combined, according to government estimates.