Tag Archives: reserves

Permafrost will limit natural gas, oil, and coal extraction

Preface. For many people, it’s comforting to know that about 25% of remaining oil and gas reserves (we have the know-how and economics to get it) and resources (beyond our technical and monetary capability) are in the arctic. They assume … Continue reading

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USGS says Powder River Basin has 40 years of coal reserves, not 250

[ The Powder River Basin (PRB) in Wyoming and Montana supplies 42% of coal in the United States, mainly to generate electricity across the nation.  So far 11 billion tons of coal filling 95 million rail cars have been removed. … Continue reading

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EIA definition of Proved Reserves and Resources

July 17, 2014 Oil and natural gas resource categories reflect varying degrees of certainty Source: U.S. Energy Information Administration Note: Resource categories are not drawn to scale relative to the actual size of each resource category. The graphic shown above … Continue reading

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Book Review of “Wheel of Fortune. The Battle for Oil and Power in Russia”

Alice Friedemann’s book review of “Wheel of Fortune. The Battle for Oil and Power in Russia”, by Thane Gustafson. 2012. The main thesis of this book is that Russia will collapse again. Soon.  Unless Russia drills offshore and in the … Continue reading

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