Government Report: America's Combined Energy Resources Largest on Earth

Far larger than those of Saudi Arabia, China, and Canada combined

- EPW Blog
Friday, March 11, 2011

Link to Press Release http://www.epw.senate.gov/public/index. ... &Issue_id=

Link to CRS Report: U.S. Fossil Fuels Resouces http://epw.senate.gov/public/index.cfm? ... a5eaead952

Washington, D.C. - Sen. James M. Inhofe (R-Okla.), Ranking Member of the Senate Committee on Environment and Public Works, and Sen. Lisa Murkowski (R-Alaska), Ranking Member of the Senate Energy and Natural Resources Committee, today released an updated government report http://epw.senate.gov/public/index.cfm? ... a5eaead952 from the Congressional Research Service (CRS) showing America’s combined recoverable oil, natural gas, and coal endowment is the largest on Earth. America’s recoverable resources are far larger than those of Saudi Arabia (3rd), China (4th), and Canada (6th) combined. And that’s not including America’s immense oil shale and methane hydrates deposits.

Senator Murkowski: “It comes as no surprise that we are once again estimated to have the largest conventional energy resource endowment on Earth. As we debate ways to reduce gas prices and provide relief to American families and businesses, this report should be required reading for every member of Congress. For the sake of our national security, our economy, and the world’s environment, we need to explore and develop more of our own resources.â€