New EIA report boosts estimates of global recoverable shale oil resources 10-fold to 345 billion barrels
Green Car Congress
JUNE 10, 2013
The US Energy Information Administration (EIA) has released a new report that estimates that shale oil and shale gas resources in the United States and in 137 shale formations in 41 other countries represent 10% of the world’s crude oil and 32% of the world’s natural gas technically recoverable resources—i.e., Source: US EIA.
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