EIA: proved reserves of US natural gas established a new record; oil reserves increased by 16% at the end of 2021
Green Car Congress
DECEMBER 31, 2022
New Mexico saw the second-largest net increase of proved reserves of crude oil and lease condensate (39%, 1.4 The 12-month, first-of-the-month average spot price for natural gas at the US benchmark Henry Hub in Louisiana increased by 84% from $1.99 billion barrels) from 16.7 billion barrels to 18.6 billion barrels.
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