CyaNeos
2008-08-05 07:33:38
Per Wikipedia-
United States proven oil reserves declined to a little less than 21 billion barrels (3.3×109 m3) in 2006 according to the Energy Information Administration[43], a 46% decline from 39 billion barrels (6.2×109 m3) in 1970. U.S. crude production peaked in 1970 at 9.6 million barrels per day (1.53×106 m3/d), and had declined 47% to 5.1 million barrels per day (810×103 m3/d) by 2006. [44] This represents about an 11 year supply of oil reserves at current rates of production. United States crude oil production has been declining since reaching a smaller secondary production peak in 1988 (caused by Alaskan production).
