Dave's ESL Bio-Fuel

Three Years Oil and You

ESL Basics

ESL Lesson 1
Oil in Our Every Day Life

ESL Lesson 2
The History of Mining

ESL Lesson 3
Economic growth

ESL Lesson 4
Delivery Systems

ESL Lesson 5
Cities and Population Movement

ESL Lesson 6
Recycling

ESL Lesson 7
Rubber

ESL Lesson 8
Farming

Russia says Oil Reserves Repletion Lags Production

Reuters, Tuesday April 6, 2006

MOSCOW - Russia is not renewing its oil reserves quickly enough to compensate (equalize) for booming (greatly increasing) production and could therefore lack enough resources to sustain (continue) current output levels after 2010, the government said on Tuesday.

The Natural Resources Ministry said in a statement Russian oil firms discovered a total of 240 million tonnes of new oil reserves last year, when they produced 421 million tonnes. In 2002, output stood at 380 million tonnes, while only 254 million tonnes of new reserves were discovered. “But starting from 2010 and especially after 2010 [the country] might lack proven reserves.” The Ministry said in a statement.

Continue to: ESL Lesson 4
Delivery Systems

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ESL Lesson 3

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Economic growth
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Mexico
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Kuwait
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China
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U.K. and Norway
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Russia