Thursday, August 6, 2015

The Link Between Oil Reserves and Oil Prices

Posted: 06 Aug 2015 05:46 AM PDT
Last December the EIA released its latest estimate of U.S. Crude Oil and Natural Gas Proved Reserves. Gas reserves rose, but the real story was crude oil reserves. U.S. proved reserves of crude oil and lease condensate had increased for the fifth year in a row, exceeding 36 billion barrels for the first time since 1975.read morehttp://www.theenergycollective.com/robertrapier/2257771/link-between-oil-reserves-and-oil-prices

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