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Barrelling into First

By: Matt Reese / Posted on: June 22, 2018

The United States has surpassed Russia and Saudi Arabia for the first time ever in holding the world’s most oil reserves.  Rystad Energy conducted a three year study of 60,000 oilfields and measured existing fields and recoverable reserves.  The recoverable reserves are barrels that are technologically and economically feasible to extract.  The energy industry measures both discoverable and yet undiscoverable areas to measure the long-term health of an oil producing nation’s economy.

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The New Normal

By: Ashley Clawson / Posted on: April 9, 2018

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