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The Oil and Energy Macro | Art Berman

www.artberman.com The Oil and Energy Macro | Art Berman

U.S. oil reserves reached a new record in 2022. Crude oil and condensate proved reserves exceed 48 billion barrels (Figure 1). Reserves declined from 1969 to 2006 then increased with additions from the deepwater Gulf of Mexico and Tight Oil. Tight oil accounted for 27 billion barrels (56% of total)…

The Oil and Energy Macro | Art Berman
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