Monday, April 26, 2010

What are the proved oil reserves of the world? How much would they last at the current rate of consumption?

Rank Country Proved reserves (billion barrels)


1. Saudi Arabia 261.9


2. Canada 178.81


3. Iran 125.8


4. Iraq 115.0


5. Kuwait 101.5


6. United Arab Emirates 97.8


7. Venezuela 77.2


8. Russia 60.0


9. Libya 39.0


10. Nigeria 35.3





For more information look at


http://www.eia.doe.gov/emeu/internationa鈥?/a>What are the proved oil reserves of the world? How much would they last at the current rate of consumption?
i looked at your question because i wanted to see an answer. i personally do not have one, however.





I can recall some years back that there were estimates that world wide oil reserves would be depleted by 2025(appx)





Though i am sure that oil consumption has risen since then and i am also sure that more oil has been found though how much and how long they will last i cannot say but would also be interested in knowing
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