Monday, April 26, 2010

Oil Reserves?

Does anyone know who owns which percentage of oil reserves in the world?





ThanksOil Reserves?
Saudi Arabia has the largest reserves followed by Canada (although mostly in tar sands and difficult to extract) then comes Iran, Iraq, Nigeria, Kuwait, UAE, Venezula, Russia, Yemen. All these ';big oil'; countries have national oil companies, so although they let international oil companies like Exxon, Shell, etc drill and produce, this is mainly done so the companies bring in money, infrastructure, refineries etc, all the fields are only leased out and after a specified amount of time goes back to the national oil companies.Oil Reserves?
russia has the most
all i can tell you for certain is the bad guys have most of the worlds oil reserve
No but probably in the Middle Ease or Russia
think Nick is right. Russia is one of the biggest in gas.
We got the most. The USA has HUGE ';strategic reserves'; which we haven't even touched yet. In fact we even buy oil and pump it INTO the strategic reserves. All these fields are on land.





We will not use this oil until we done used up everybody elses.





PS my current ve-hicle is a Dodge Ram.
Saudi Arabia
USA, CHINA, EUROPE


and us in everything usings everyday each time
Does not really matter who owns then the sad but truthful fact is they are running out. Google Peak Oil.

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