Total recoverable global gas reserves are 40% higher than expected, according to staggering findings from the U.S. Energy Information Administration (EIA).
Based on the results of a recent study, the EIA estimates global recoverable reserves of shale gas in the U.S. and 32 other nations at 6,622 trillion cubic feet. When added to previous gas reserve estimates, the EIA now estimates total global gas reserves at an astounding 22.600 trillion cubic feet.
The majority of these natural gas resources are located in the United States and China, with notable reserves in Canada, Mexico and South Africa and Argentina. The EIA map below provides a visual representation of these key locations:
Gas industry lobbyists and industry players say these impressive findings are evidence that “shale [gas] will change the energy world.”