EIA: proved reserves of US natural gas established a new record; oil reserves increased by 16% at the end of 2021

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By mmillikinDec 31, 2022, 8:30 am257 pts
In 2021, proved reserves of natural gas set a new record in the United States, and proved reserves of crude oil and lease condensate increased, but not quite to pre-pandemic levels, according to the US Energy Information Administration (EIA). Energy demand rose from the 2020 lows that resulted from the COVID-19…

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