New EIA report boosts estimates of global recoverable shale oil resources 10-fold to 345 billion barrels
Green Car Congress
JUNE 10, 2013
Within the US, industry typically refers to tight oil production rather than shale oil production, because it is a more encompassing and accurate term with respect to the geologic formations producing oil at any particular well. (ARI) Algeria, Argentina, and Mexico), providing significantly more data for the 2013 study, EIA said.
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