Proved reserves of crude oil rose 0% to 35.2 bil barrels in the USA in 2016, according to EIA.
Historically, proved reserves of crude oil in the USA reached an all time high of 36.5 bil barrels in 2014 and an all time low of 20.6 bil barrels in 2009. When compared to USA's main peers, proved reserves of crude oil in Canada amounted to 171 bil barrels, 25.1 bil barrels in China, 0.044 bil barrels in Japan and 9.71 bil barrels in Mexico in 2016.
USA has been ranked 11th within the group of 97 countries we follow in terms of proved reserves of crude oil.
Proved Reserves of Crude Oil | Unit | 1997 | 1998 | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 |
Australia | bil barrels | 3.32 | 1.43 | 1.43 | 1.43 | 1.19 | ||||||||||||||||
Belize | bil barrels | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | 0.007 | 0.007 | 0.007 | 0.007 | 0.007 | ||||||
Canada | bil barrels | 175 | 174 | 173 | 173 | 172 | ||||||||||||||||
China | bil barrels | 20.4 | 20.4 | 23.7 | 24.4 | 24.6 | ||||||||||||||||
Guatemala | bil barrels | 0.083 | 0.083 | 0.083 | 0.083 | 0.083 | ||||||||||||||||
Honduras | bil barrels | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
India | bil barrels | 5.68 | 5.61 | 5.48 | 5.64 | 5.67 | ||||||||||||||||
Japan | bil barrels | 0.044 | 0.044 | 0.044 | 0.044 | 0.044 | ||||||||||||||||
Mexico | bil barrels | 10.4 | 10.4 | 10.3 | 10.1 | 9.81 | ||||||||||||||||
Russia | bil barrels | 60.0 | 60.0 | 80.0 | 80.0 | 80.0 | ||||||||||||||||
South Korea | bil barrels | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
USA | bil barrels | 25.2 | 29.0 | 33.4 | 36.5 | ... | ... | |||||||||||||||
United Kingdom | bil barrels | 2.86 | 2.83 | 3.12 | 2.98 | 2.98 |