United States Oil Reserves

U.S. Crude Oil and Natural Gas Proved Reserves, Year-end 2022

U.S. crude oil and lease condensate proved reserves increased 9% from 44.4 billion barrels to 48.3 billion barrels at year-end 2022 (Table 1).

Oil reserves in the United States - Wikipedia

Within the petroleum industry, proven crude oil reserves in the United States were 44.4 billion barrels of crude oil as of the end of 2021, excluding the ...

SPR Quick Facts - Department of Energy

The Strategic Petroleum Reserve is a US Government complex of four sites with deep underground storage caverns created in salt domes along the Texas and ...

Strategic Petroleum Reserve - Department of Energy

The Strategic Petroleum Reserve (SPR), the world's largest supply of emergency crude oil was established primarily to reduce the impact of disruptions in ...

Biden sold off nearly half the U.S. oil reserve. Is it ready for a crisis?

An energy crisis spawned by a Middle East war 50 years ago spurred the U.S. to create a huge crude oil stockpile to shield the country from ...

Strategic Petroleum Reserve (United States) - Wikipedia

The Strategic Petroleum Reserve (SPR) is an emergency stockpile of petroleum maintained by the United States Department of Energy (DOE).

United States Oil Reserves, Production and Consumption Statistics

Current and historical Reserves, Production, and Consumption of Oil in the United States. Global rank and share of world's total. Data, Statistics and ...

US to seek 6 million barrels of oil for reserve, amid low oil price

The Biden administration will seek up to 6 million barrels of oil for the Strategic Petroleum Reserve, a source familiar with issue said on ...

US Crude Oil in the Strategic Petroleum Reserve Stocks (I ... - YCharts

In depth view into US Crude Oil in the Strategic Petroleum Reserve Stocks including historical data from 1982 to 2024, charts and stats.

U.S. proved reserves of crude oil increased significantly in 2021 - EIA

In 2021, however, demand for petroleum and natural gas returned, prices rose, and proved reserves increased. In 2021, proved reserves of crude ...

Proved oil reserves in the U.S. 1960-2023 - Statista

Proved oil reserves in the United States rose to 47.73 billion barrels in 2023. This was the peak in the period of consideration.

U.S. Holds Most Recoverable Oil Reserves

Thanks to unconventional resources, the United States is ahead of both Russia and Saudi Arabia in Rystad Energy's latest estimate of global oil reserves.

National Petroleum Reserve in Alaska - Bureau of Land Management

The National Petroleum Reserve in Alaska (NPR-A) is now a vast approximately 23-million-acre area on Alaska's North Slope.

United States Assessments of Undiscovered Oil and Gas Resources

USGS Energy Resources Program provides periodic assessments of the oil and natural gas endowment of the United States and the World.

The United States is producing more oil than any country in history

As the world grapples with the existential crisis of climate change, environmental activists want President Joe Biden to phase out the oil ...

OPEC Share of World Crude Oil Reserves

Source: OPEC Annual Statistical Bulletin 2024. According to current estimates, 79.1% (1,241.33 billion barrels) of the world's proven crude oil reserves are ...

How Long Will the US Oil Reserves Last? - Science | HowStuffWorks

The United States has emergency crude oil stored in its Strategic Petroleum Reserve that can be tapped only under certain terms and usually ...

US Emergency Oil Reserves Remain at Near Four-Decade Low ...

The US government created that tool, the Strategic Petroleum Reserve, in 1975 to maintain an emergency reserve of hundreds of millions of barrels of oil.

What is the difference between assessed oil and gas “resources ...

Reserves” are quantities of oil and gas that are already discovered, recoverable, and commercial. Domestic reserves are tracked by the U.S. Energy ...

United States Strategic Petroleum Reserve Crude Oil Stocks

Strategic Petroleum Reserve Crude Oil Stocks in the United States increased to 387223 Thousand Barrels in November 1 from 385831 Thousand Barrels in the ...