DailyMarkets.com - EIA Revises Estimates Of America’s Energy Bonanza: Record Increases In Proved Reserves Of Oil And Gas

---

EIA Revises Estimates Of America’s Energy Bonanza: Record Increases In Proved Reserves Of Oil And Gas Posted: 05 Aug 2012 07:29 AM PDT On Wednesday, the U.S. Energy Information Administration (EIA) updated its estimates of America’s proved reserves of oil and natural gas for 2010.  Here’s a summary of the key findings: 1. Proved reserves of both oil and natural gas in 2010 rose by the highest amounts ever recorded in the 35 years EIA has been estimating U.S. proved reserves. 2. Technological advances in drilling and higher prices contributed to gains in reserves. The expanding application of horizontal drilling and … [visit site to read more] or compare Best Mortgage Rates, Credit Card Rewards or Best Credit Cards

You are subscribed to email updates from DailyMarkets.com To stop receiving these emails, you may unsubscribe now.	Email delivery powered by Google
Google Inc., 20 West Kinzie, Chicago IL USA 60610