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In a 2006 US Geological Survey, the estimated oil and gas reserves under just the United States side of the Great Lakes stands at 312 million barrels of recoverable oil, and 5.2 trillion cubic feet of natural gas. These estimates are for the US side only and I do not have any estimates for the Canadian side of the lakes. It should also be noted that Lake Michigan is the only great lake that is entirely within the United States.

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Q: Do oil reserves exist under the great lakes?
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