article thumbnail

EIA ups total shale oil resource estimate by 13% to 419B barrels, shale gas by 4% to 7576 Tcf

Green Car Congress

The portions of these resources that become economically recoverable in the future will depend on crude oil and natural gas market prices, as well as the capital and operating costs and productivity within the countries. Oman exports liquefied natural gas (LNG) but imports some volumes of natural gas by pipeline from Qatar via the UAE.