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Posted December 5, 2014Today in Energy

U.S. oil reserves continue rising, surpass 36 billion barrels for first time since 1975 ›

U.S. crude oil and lease condensate proved reserves rose for the fifth consecutive year in 2013, increasing by 9% over 2012 to 36.5 billion barrels, according to the U.S. Crude Oil and Natural Gas Proved Reserves, 2013 report released today by the U.S. Energy Information Administration (EIA). U.S. crude oil and lease condensate proved reserves surpassed 36 billion barrels for the first time since 1975. More


Source: EIA, U.S. Crude Oil and Natural Gas Proved Reserves

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Data Highlights

WTI crude oil futures price

12/4/2014: $66.81/bbl

down$6.88 from week earlier
down$30.39 from year earlier

Natural gas futures price

12/4/2014: $3.649/mmBtu

down$0.706 from week earlier
down$0.311 from year earlier

Weekly coal production

11/29/2014: 18.957 million tons

up0.356 million tons from week earlier
up0.639 million tons from year earlier

Natural gas inventories

11/28/2014: 3,410 Bcf

down22 Bcf from week earlier
down227 Bcf from year earlier

Crude oil inventories

11/28/2014: 379.3 mmbbl

down3.7 mmbbl from week earlier
down6.5 mmbbl from year earlier

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