Friday, December 16, 2011

North American Energy Inventory

From The Heritage Foundation:

Natural Resources, Energy, Environment, & Science






North American Energy Inventory



by Institute for Energy Research



Institute for Energy Research



December 14, 2011







The amount of oil that is technically recoverable in the United States is more than 1.4 trillion barrels. There is an estimated 272.5 trillion cubic feet of proved reserves of natural gas in the United States alone and the total amount of natural gas that is recoverable in North America is approximately 4.2 quadrillion cubic feet; enough to last the United States for over 175 years at current rates of consumption. The United States, Canada, and Mexico have over 497 billion short tons of recoverable coal which could provide enough electricity for the United States for about 500 years at current levels of consumption. While the US and North America contain enormous energy wealth, US policies have increasingly made exploration, development, production and consumption of that energy more difficult. Therefore, a scarcity of good policies, not a scarcity of energy, is responsible for US energy insecurity.





URL: energyforamerica.org/wp-content/uploads/2011/12/Energy-Inventory-FINAL.pdf

No comments:

Post a Comment