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

Green Car Congress

JUNE 10, 2013

Map of basins with assessed shale oil and shale gas formations, as of May 2013. The report also estimates technically recoverable shale gas resources of 7,299 trillion cubic feet—10% higher than an estimate in an earlier 2011 report on recoverable shale gas resources. Source: US EIA. Click to enlarge. Report terminology.

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Oil Algeria United States Argentina 281
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Increase in US rig count will not cap oil prices

Green Car Congress

JUNE 23, 2016

The geological and commercial differences between the two couldn’t be more glaring. The IEA cautions the return of Canada’s oil sands to the market or the potential outbreak of peace and tranquility in Nigeria, Libya and Venezuela could change this outlook. Every forecast must carry these caveats.

Oil Prices 150
Oil Prices Oil Price Oil-Sands 150
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