Good news on gas reserves and oil off new zealand

Australia has the 14th largest known gas reserves on the planet. Dr. Bethune adds up proved, possible, gas reserves of 200 trillion cubic feet (tcf) of gas. countries like Russia (1.5 quadrillion cubic feet of reserves) or Iran (981 tcf), or Qatar (904 tcf). Studies reveal there could be $3.5 billion worth of recoverable oil off the coast of New Zealand.

by

The Daily Reckoning Australia

U.S. currently has a total potential gas supply of 2,074 trillion cubic feet

http://www.ngvglobal.com/usas-estimate-of-domestic-natural-gas-reserves-grows-35-0628