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.
While
natural gas reserves reached another record in 2014 and oil
reserves were the highest since 1972, the technically
recoverable resources from which they came are enormous and will continue to supply proved
reserves for Americans for decades to come.
[iii] According to the EIA report, the United States has
recoverable oil resources that are 36 times larger than its proved oil
reserves and
recoverable natural gas resources that are 7 times larger than its proved
natural gas reserves for 2014.
ENERGY OVERVIEW Energy Minister: Ernesto Martens Rebolledo Head of PEMEX: Raul Munoz Leos Proven Oil
Reserves (1 / 1 / 03E): 12.6 billion barrels (see
Reserves and Production) Oil Production (2002E): 3.6 million barrels per day (bbl / d), of which 3.18 million bbl / d was crude Oil Consumption (2002E): 1.93 million bbl / d Net Oil Exports (2002E): 1.68 million bbl / d Crude Oil Refining Capacity (1 / 1 / 03E): 1.7 million bbl / d
Natural Gas Reserves (1 / 1 / 03E): 8.8 trillion cubic feet (Tcf)(see
Reserves and Production)
Natural Gas Production (2000E): 1.33 Tcf
Natural Gas Consumption (2000E): 1.38 Tcf
Recoverable Coal
Reserves (2000E): 1.3 billion short tons Coal Production (2000E): 10.86 million short tons Coal Consumption (2000E): 13.41 million short tons Net Coal Imports (2000E): 2.55 million short tons Electric Generation Capacity (2000E): 38.9 million kilowatts Net Electricity Generation (2000E): 194.37 billion kilowatthours (bkwh); 74 % thermal, 18 % hydro, 5 % nuclear, 3 % other Net Electricity Consumption (2000E): 182.8 bkwh Net Electricity Imports (2000E): 2.07 bkwh
Two days ago, the New York Times reported that the French Parliament is «leaning» towards a ban on hydraulic fracturing, the American - made technological revolution in production that has vastly increased the known economically
recoverable global
reserves of
natural gas.
Access to the world's largest remaining conventional, undiscovered oil and
natural gas reserves — 13 percent of
recoverable oil and 30 percent of
recoverable natural gas resources — is at stake.
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.