Search Results | oil reserves

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How Long Will the US Oil Reserves Last?

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The United States has emergency crude oil stored in its Strategic Petroleum Reserve that can be tapped only under certain terms and usually only by the president. So how much is in the reserve and how long can it last?

5 Most Coveted Offshore Petroleum Reserves

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Untapped petroleum reserves dot the globe. Find out where these untapped petroleum reserves still exist and why oil companies covet them heavily.

What's Oil Shale?

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Oil shale is just one unconventional oil source that's being researched. Learn how oil shale could save the day when — and if — we hit peak oil in the U.S.

Have we reached peak oil?

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Oil is a nonrenewable resource. Have we found all the oil there is to find, or is there more out there somewhere? What's the best way to wean ourselves from our oil dependency?

Oil Sands: Energy Evolution and Environmental Concerns

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Oil sands are a mixture of clay, sand and water with a small amount of bitumen. Learn about oil sands, find out how energy intensive it is to refine oil sands.

How the Crude Oil Market Works

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The crude oil market is explained in this article. Learn about the crude oil market.

How far underground are oil deposits?

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The U.S. consumes 19.1 million barrels of petroleum each day -- almost half of it in the form of gasoline, according to the U.S. Energy Information Administration.

How Oil Drilling Works

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Oil drilling a complex process that involves the drilling and pumping of oil from underground wells. Learn about oil drilling and the oil drilling process.

Will the U.S. Ever End Its Dependence on Foreign Oil?

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The United States is the world's top producer of oil, but it still depends on foreign countries for millions of barrels, as well. Will there ever be a time when the U.S. is totally independent when it comes to oil production?

When Will We Run Out of Oil, and What Happens Then?

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If we run out of oil, what are the next steps we can take for energy production? Find out what would happen if we run out of oil.

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