Press release: “U.S. natural gas proved reserves increased 3 percent in 2006, rising to over 211 trillion cubic feet, the highest level since 1976 according to estimates released today by the Energy Information Administration. Additions to reserves replaced 136 percent of the dry natural gas produced in 2006. This was the eighth year in a row that U.S. natural gas proved reserves have increased…U.S. crude oil proved reserves declined 4 percent in 2006. The Gulf of Mexico Federal Offshore and Alaska, two of the largest oil producing areas, respectively reported 10 and 7 percent declines in crude oil proved reserves. This was due to downward revisions and fewer new discoveries. Utah reported the largest increase in crude oil proved reserves, adding 78 million barrels (a 30 percent increase from 2005), followed by Colorado and New Mexico.”