Energy
New Report Reveals Just How Energy Rich America Really Is

From the Daily Caller News Foundation
A new report by the Institute for Energy Research (IER), a nonprofit dedicated to the study of the impact of government regulation on global energy resources, finds that U.S. inventories of oil and natural gas have experienced stunning growth since 2011.
The same report, the North American Energy Inventory 2024, finds the United States also leading the world in coal resources, with total proven resources that are more than 53% bigger than China’s.
Despite years of record production levels and almost a decade of curtailed investment in the finding and development of new reserves forced by government regulation and discrimination by ESG-focused investment houses, America’s technically recoverable resource in oil grew by 15% from 2011 to 2024. Now standing at 1.66 trillion barrels, the U.S. resource is 5.6 times the proved reserves held by Saudi Arabia.
The story for natural gas is even more amazing: IER finds the technically recoverable resource for gas expanded by 47% in just 13 years, to a total of 4.03 quadrillion cubic feet. At current US consumption rates, that’s enough gas to supply the country’s needs for 130 years.
“The 2024 North American Energy Inventory makes it clear that we have ample reserves of oil, natural gas, and coal that will sustain us for generations,” Tom Pyle, President at IER, said in a release. “Technological advancements in the production process, along with our unique system of private ownership, have propelled the U.S. to global leadership in oil and natural gas production, fostering economic benefits like lower energy prices, job growth, enhanced national security, and an improved environment.”
It is key to understand here that the “technically recoverable” resource measure used in financial reporting is designed solely to create a point-in-time estimate of the amount of oil and gas in place underground that can be produced with current technology. Because technology advances in the oil and gas business every day, just as it does in society at large, this measure almost always is a vast understatement of the amount of resource that will ultimately be produced.
The Permian Basin has provided a great example of this phenomenon. Just over the past decade, the deployment of steadily advancing drilling and hydraulic fracturing technologies has enabled producers in that vast resource play to more than double expected recoveries from each new well drilled. Similar advances have been experienced in the other major shale plays throughout North America. As a result, the U.S. industry has been able to consistently raise record overall production levels of both oil and gas despite an active rig count that has fallen by over 30% since January 2023.
In its report, IER notes this aspect of the industry by pointing out that, while the technically recoverable resource for U.S. natural gas sits at an impressive 4.03 quads, the total gas resource in place underground is currently estimated at an overwhelming 65 quads. If just half of that resource in place eventually becomes recoverable thanks to advancing technology over the coming decades, that would mean the United States will enjoy more than 1,000 years of gas supply at current consumption levels. That is not a typo.
Where coal is concerned, IER finds the US is home to a world-leading 470 billion short tons of the most energy-dense fossil fuel in place. That equates to 912 years of supply at current consumption rates.
No other country on Earth can come close to rivaling the U.S. for this level of wealth in energy mineral resources, and few countries’ governments would dream of squandering them in pursuit of a political agenda driven by climate fearmongering. “And yet, many politicians, government agents, and activists seek to constrain North America’s energy potential,” Pyle says, adding, “We must resist these efforts and commit ourselves to unlocking these resources so that American families can continue to enjoy the real and meaningful benefits our energy production offers.”
With President Joe Biden and former President Donald Trump staking out polar opposite positions on this crucial question, America’s energy future is truly on the ballot this November.
David Blackmon is an energy writer and consultant based in Texas. He spent 40 years in the oil and gas business, where he specialized in public policy and communications.
2025 Federal Election
Poilievre To Create ‘Canada First’ National Energy Corridor

From Conservative Party Communications
Poilievre will create the ‘Canada First’ National Energy Corridor to rapidly approve & build the infrastructure we need to end our energy dependence on America so we can stand up to Trump from a position of strength.
Conservative Leader Pierre Poilievre announced today he will create a ‘Canada First’ National Energy Corridor to fast-track approvals for transmission lines, railways, pipelines, and other critical infrastructure across Canada in a pre-approved transport corridor entirely within Canada, transporting our resources within Canada and to the world while bypassing the United States. It will bring billions of dollars of new investment into Canada’s economy, create powerful paycheques for Canadian workers, and restore our economic independence.
“After the Lost Liberal decade, Canada is poorer, weaker, and more dependent on the United States than ever before,” said Poilievre. “My ‘Canada First National Energy Corridor’ will enable us to quickly build the infrastructure we need to strengthen our country so we can stand on our own two feet and stand up to the Americans.”
In the corridor, all levels of government will provide legally binding commitments to approve projects. This means investors will no longer face the endless regulatory limbo that has made Canadians poorer. First Nations will be involved from the outset, ensuring that economic benefits flow directly to them and that their approval is secured before any money is spent.
Between 2015 and 2020, Canada cancelled 16 major energy projects, resulting in a $176 billion hit to our economy. The Liberals killed the Energy East pipeline and passed Bill C-69, the “No-New-Pipelines” law, which makes it all but impossible to build the pipelines and energy infrastructure we need to strengthen the Canadian economy. And now, the PBO projects that the ‘Carney cap’ on Canadian energy will reduce oil and gas production by nearly 5%, slash GDP by $20.5 billion annually, and eliminate 54,400 full-time jobs by 2032. An average mine opening lead time is now nearly 18 years—23% longer than Australia and 38% longer than the US. As a result of the Lost Liberal Decade, Canada now ranks 23rd in the World Bank’s Ease of Doing Business Index for 2024, a seven-place drop since 2015.
“In 2024, Canada exported 98% of its crude oil to the United States. This leaves us too dependent on the Americans,” said Poilievre. “Our Canada First National Energy Corridor will get us out from under America’s thumb and enable us to build the infrastructure we need to sell our natural resources to new markets, bring home jobs and dollars, and make us sovereign and self-reliant to stand up to Trump from a position of strength.”
Mark Carney’s economic advice to Justin Trudeau made Canada weaker while he and his rich friends made out like bandits. While he advised Trudeau to cancel Canadian energy projects, his own company spent billions on pipelines in South America and the Middle East. And unlike our competitors Australia and America, which work with builders to get projects approved, Mark Carney and Steven Guilbeault’s radical “keep-it-in-the-ground” ideology has blocked development, killed jobs, and left Canada dependent on foreign imports.
“The choice is clear: a fourth Liberal term that will keep our resources in the ground and keep us weak and vulnerable to Trump’s threats, or a strong new Conservative government that will approve projects, build an economic fortress, bring jobs and dollars home, and put Canada First—For a Change.”
2025 Federal Election
Canada Continues to Miss LNG Opportunities: Why the World Needs Our LNG – and We’re Not Ready

From EnergyNow.Ca
By Katarzyna (Kasha) Piquette, Founder and CEO, Canadian Energy Ventures
When Russia invaded Ukraine in 2022, Europe’s energy system was thrown into chaos. Much of the 150 billion cubic meters of Russian gas that once flowed through pipelines had to be replaced—fast. Europe turned to every alternative it could find: restarting coal and nuclear plants, accelerating wind and solar approvals, and most notably, launching a historic buildout of LNG import capacity.
Today, LNG terminals are built around the world. The ‘business case’ is solid. The ships are sailing. The demand is real. But where is Canada?
As of March 28, 2025, natural gas prices tell a story of extreme imbalance. While Europe and Asia are paying around $13 per million BTU, prices at Alberta’s AECO hub remain below $2.20 CAD per gigajoule—a fraction of global market levels. This is more than a pricing mismatch. It’s a signal that Canada, a country rich in natural gas and global goodwill, is failing to connect the dots between energy security abroad and economic opportunity at home.
Since 2022, Europe has added over 80 billion cubic meters of LNG import capacity, with another 80 billion planned by 2030. This infrastructure didn’t appear overnight. It came from urgency, unity, and massive investment. And while Europe was preparing to receive, Canada has yet to build at scale to supply.
We have the resource. We have the relationships. What we lack is the infrastructure.
Estimates suggest that $55 to $75 billion in investment is needed to scale Canadian LNG capacity to match our potential as a global supplier. That includes pipelines, liquefaction terminals, and export facilities on both coasts. These aren’t just economic assets—they’re tools of diplomacy, climate alignment, and Indigenous partnership. A portion of this investment can and should be met through public-private partnerships, leveraging government policy and capital alongside private sector innovation and capacity.
Meanwhile, Germany continues to grapple with the complexities of energy dependence. In January 2025, German authorities seized the Panama-flagged tanker Eventin, suspected of being part of Russia’s “shadow fleet” used to circumvent oil sanctions. The vessel, carrying approximately 100,000 tons of Russian crude oil valued at €40 million, was found adrift off the Baltic Sea island of Rügen and subsequently detained. This incident underscores the ongoing challenges Europe faces in enforcing energy sanctions and highlights the pressing need for reliable, alternative energy sources like Canadian LNG.
What is often left out of the broader energy conversation is the staggering environmental cost of the war itself. According to the Initiative on GHG Accounting of War, the war in Ukraine has produced over 230 million tonnes of CO₂ equivalent (MtCO₂e) since 2022—a volume comparable to the combined annual emissions of Austria, Hungary, the Czech Republic, and Slovakia. These emissions come from military operations, destruction of infrastructure, fires, and the energy used to rebuild and support displaced populations. Yet these emissions are largely absent from official climate accounting, exposing a major blind spot in how we track and mitigate global emissions.
This is not just about dollars and molecules. This is about vision. Canada has an opportunity to offer democratic, transparent, and lower-emission energy to a world in flux. Canadian LNG can displace coal in Asia, reduce reliance on authoritarian suppliers in Europe, and provide real returns to our provinces and Indigenous communities. There is also growing potential for strategic energy cooperation between Canada, Poland, and Ukraine—linking Canadian LNG supply with European infrastructure and Ukrainian resilience, creating a transatlantic corridor for secure and democratic energy flows.
Moreover, LNG presents Canada with a concrete path to diversify its trade relationships, reducing overdependence on the U.S. market by opening new, high-value markets in Europe and Asia. This kind of energy diplomacy would not only strengthen Canada’s strategic position globally but also generate fiscal capacity to invest in national priorities—including increased defense spending to meet our NATO commitments.
Let’s be clear: LNG is not the endgame. Significant resources are being dedicated to building out nuclear capacity—particularly through Small Modular Reactors (SMRs)—alongside the rapid expansion of renewables and energy storage. But in the near term, LNG remains a vital bridge, especially when it’s sourced from a country committed to environmental responsibility, human rights, and the rule of law.
We are standing at the edge of a global shift. If we don’t step up, others will step in. The infrastructure gap is closing—but not in our favor.
Canada holds the key. The world is knocking. It’s time we opened the door.
Sources:
- Natural Gas Prices by Region (March 28, 2025): Reuters
- European LNG Import Capacity Additions: European Commission
- German Seizure of Russian Shadow Fleet Tanker: Reuters
- War Emissions Estimate (230 MtCO₂e): Planetary Security Initiative
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