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Crude Oil Reserves Drop to Lowest Point in Years
AP reports domestic crude oil reserves fell to a 1958 level, totaling 30.7 billion barrels after a record 3.3 billion barrel yearly production. Only five states increased reserves, led by Texas, Louisiana, Wyoming, Colorado and Montana, while Texas saw a 684 million barrel drop. Alaska slipped to No. 9 in reserves, Prudhoe Bay excluded from estimate pending development.
MENTIONED IN THIS ARTICLE
Max B. Skelton
Winter
Houston, Tex
American Petroleum Institute
Prudhoe Bay
Alaska
Actic Slope
Institute
Louisiana
Colorado
Wyoming
Montana
Ohio
Texas
California
Oklahoma
New Mexico
Kansas
Mississippi
Arkansas
Kentucky
Alabama
West Virginia
Indiana
New York
Arizona
Florida
Missouri
Nevada
South Dakota
Tennessee
Virginia