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New EIA report boosts estimates of global recoverable shale oil resources 10-fold to 345 billion barrels

Green Car Congress

Algeria, Argentina, and Mexico), providing significantly more data for the 2013 study, EIA said. The earlier EIA/ARI study from 2011 stimulated new work on shales in many countries (e.g., The agency gave two reasons for pursuing an updated assessment of shale resources so soon after the prior report.

Oil 281
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Study reports non-US global shale gas recoverable resources of 5,760 Tcf; global shale gas boosts total recoverable natural gas resources by 40%

Green Car Congress

In addition to the United States, this group includes Canada, Mexico, China, Australia, Libya, Algeria, Argentina, and Brazil. The US is second, with 862 Tcf, followed by Argentina with 774 Tcf and Mexico with 681 Tcf. In terms of recoverable shale gas resources, China takes the top spot, with an estimated 1,275 Tcf. Background.

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Strong Dollar Could Cap Oil Prices

Green Car Congress

Argentina, Brazil, Turkey and South Africa have seen significant depreciations in their currencies this year. Commodity prices are often a key barometer for global demand, which is to say that the recent selloff has some analysts worried about the health of the global economy. There is a bit of a feedback effect at hand as well.

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EV myths busted: Are electric vehicles actually good for the environment?

Drive Electric

While 80% of EV drivers globally charge their EV at home which can be done from inside your garage or carport with appropriate safety in place, there is still a need for public charging infrastructure. In 2021, Global EV purchases jumped to 6.6 So, how much lithium is available globally, and will this become an issue?

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EV myths busted: Are electric vehicles actually good for the environment?

Drive Electric

While 80% of EV drivers globally charge their EV at home which can be done from inside your garage or carport with appropriate safety in place, there is still a need for public charging infrastructure. In 2021, Global EV purchases jumped to 6.6 So, how much lithium is available globally, and will this become an issue?