Depletion Date
According to the Energy Information Agency, the world in 2005 had enough natural gas left for 60 years at current levels of production. However, the global rate of production is increasing and the relevance of worldwide figures is questioned since unlike oil relatively little gas is shipped across the oceans. If one compares proven North American reserves versus North American consumption, one gets only 11 years (reserves of 308 trillion cubic feet, annual consumption of 27 trillion).
Read more about this topic: Gas Depletion
Famous quotes containing the word date:
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