Essay on the largest oil reserves
Rystad estimates that the US has billions of barrels of oil, more than half of which is in shale. That total exceeds billion barrels found in Russia, and billion. Kuwait is a major oil supplier and a member of the OPEC consortium. Oil bills, from exports and from government export revenues. Kuwait has global oil reserves and a current production capacity of . barrels per day. The country's oil sector is controlled by Kuwait. A recent finding has shown that the country of Haiti may have some of the largest oil reserves in the world. It is estimated that its oil reserves could exceed those of Venezuela. Nations, Petroleum is an ingredient in thousands of everyday items. The gasoline we depend on for transportation to school, work or vacation comes from crude oil. A barrel of petroleum produces gallons of gasoline and is used by people around the world to power cars, boats, fighter jets and scooters. The USGS estimates that the Amerasia Basin, which is shared by Canada and the US, is the second largest asset. largest undiscovered oil share in the Arctic, which is approx. barrels of oil equivalent BBOE and is only led by Arctic Alaska with about three times that amount. All estimated oil reserves added together,