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The Amount Of Oil In Different Countries  
User currently offlineUnited Airline From Hong Kong, joined Jan 2001, 9210 posts, RR: 15
Posted (9 years 7 months 3 weeks 4 days 17 hours ago) and read 1997 times:

Malaysia, Brunei, UAE, Saudi Arabia, USA, Canada, UK etc they all have oil right? What about Australia and China?

Guess Saudi Arabia has the largest amount of oil followed by Iraq right? However Iraq has the lowest cost of extracting oil from what I heard. Like US$ 5 per barrel.

14 replies: All unread, jump to last
 
User currently offlineAR1300 From Argentina, joined Feb 2005, 1740 posts, RR: 3
Reply 1, posted (9 years 7 months 3 weeks 4 days 17 hours ago) and read 1992 times:

I've heard Alaska has the largest amount of oil.

Mike



They don't call us Continental for nothing.
User currently offlineMrChips From Canada, joined Mar 2005, 938 posts, RR: 0
Reply 2, posted (9 years 7 months 3 weeks 4 days 16 hours ago) and read 1988 times:

Conventional Oil only: Saudi (261 billion barrels) then Iraq (115 billion barrels).

All Oil (tarsands, etc.): Saudi, then Canada (about 200-250 billion barrels are easily accessible and producible - could be as high as 2.5 trillion barrels...no one really knows for sure yet)

[Edited 2005-04-29 09:23:14]


Time...to un-pimp...ze auto!
User currently offlineOzGuy From Australia, joined Apr 2005, 392 posts, RR: 13
Reply 3, posted (9 years 7 months 3 weeks 4 days 16 hours ago) and read 1983 times:

I have some serious doubts about a couple of my Social science (History, Geography, Economics, etc.) teachers qualifications to teach due to a couple of things that some have said over the years (not doubting them because they've failed me or anything, I've always done well, just some comments have been blatantly untrue) anyway...

I think one of them was telling us one day about how Australia does have quite a bit of reserve oil that's untapped. They said one of (if not the) largest reserves we have is in our great barrier reef region so it's not a viable option to disrupt one of our great tourist destinations until an oil situation get really dire. We also have huge reserves of Coal and I'm pretty sure we have the second largest uranium reserves of any country aswell...

Don't take this as absolute truth, but I'm confident this is right...

Cheers,
OzGuy


User currently offlineGREATANSETT From Australia, joined Aug 2003, 509 posts, RR: 3
Reply 4, posted (9 years 7 months 3 weeks 4 days 16 hours ago) and read 1973 times:

There is this HUGE idea in Australia and around the world that Australia has little or no oil. To set the record straight, we have alot of oil, it is rated as the cleanest oil in the world and is the largest reserve that has not yet been really exploited.

I also heard a rumour that NASA only uses Australian oil.



Ron Paul 2012
User currently offlineUnited Airline From Hong Kong, joined Jan 2001, 9210 posts, RR: 15
Reply 5, posted (9 years 7 months 3 weeks 4 days 15 hours ago) and read 1960 times:

Australia does I think but not as much as Canada, Saudi etc.

So Saudi is no 1 and Canada is no 2? What about Iraq? It is easier/cheaper to obtain in Iraq though


User currently offlineCaribb From Canada, joined Nov 1999, 1639 posts, RR: 8
Reply 6, posted (9 years 7 months 3 weeks 4 days 11 hours ago) and read 1943 times:

Russia has huge reserves of oil as well...

User currently offlineUnited Airline From Hong Kong, joined Jan 2001, 9210 posts, RR: 15
Reply 7, posted (9 years 7 months 3 weeks 4 days 10 hours ago) and read 1936 times:

Umm...... so who is no 1, 2 and 3?

User currently offlineIhadapheo From United States of America, joined Sep 2001, 6027 posts, RR: 55
Reply 8, posted (9 years 7 months 3 weeks 4 days 9 hours ago) and read 1927 times:

Data from from infoplease.com

http://www.infoplease.com/ipa/A0872964.html

Greatest Oil Reserves by Country, 2003
2002
rank Country 2003 proved reserves
(billion barrels)
1. Saudi Arabia 261.7
2. Iraq 115.0
3. Iran 100.1
4. Kuwait 98.9
5. United Arab Emirates 63.0
6. Russia 58.8
7. Venezuela 53.1
8. Nigeria 32.0
9. Libya 30.0
10. China 23.7


I have not idea as to who #s 11, 12 and 13 are



Pray hard but pray with care For the tears that you are crying now Are just your answered prayers
User currently offlineANCFlyer From , joined Dec 1969, posts, RR:
Reply 9, posted (9 years 7 months 3 weeks 4 days 9 hours ago) and read 1922 times:

Quoting AR1300 (Reply 1):
I've heard Alaska has the largest amount of oil.

Perhaps only on this continent. Certainly not the largest deposits in the world.

We also have trillions of cubic feet of untapped natural gas reserves. So much in fact, no one is sure of the total count.


User currently offlineUnited Airline From Hong Kong, joined Jan 2001, 9210 posts, RR: 15
Reply 10, posted (9 years 7 months 3 weeks 4 days 8 hours ago) and read 1911 times:

What about Canada?

Heard that Iraq is the cheapest place to extract oil


User currently offlineIhadapheo From United States of America, joined Sep 2001, 6027 posts, RR: 55
Reply 11, posted (9 years 7 months 3 weeks 4 days 8 hours ago) and read 1905 times:

There are several ways to report oil reserves, and adding questions about individual Counrtry's reserves is going to be so much fun I thought I would post the following link

the search topic is "World Oil Reserves"

http://www.google.com/search?sourcei...69-53,GGLC:en&q=world+oil+reserves

enjoy

IHAP



Pray hard but pray with care For the tears that you are crying now Are just your answered prayers
User currently offlineUnited Airline From Hong Kong, joined Jan 2001, 9210 posts, RR: 15
Reply 12, posted (9 years 7 months 3 weeks 4 days 8 hours ago) and read 1902 times:

Ihadapheo: Thanks for the link

Canada has plenty of oil too I think. Very rich in resources


User currently offlineLuisde8cd From Pitcairn Islands, joined Aug 2004, 2575 posts, RR: 31
Reply 13, posted (9 years 7 months 3 weeks 4 days 8 hours ago) and read 1896 times:

I think Venezuela has the largest reserves in the Americas.

User currently offlineUnited Airline From Hong Kong, joined Jan 2001, 9210 posts, RR: 15
Reply 14, posted (9 years 7 months 3 weeks 2 days 15 hours ago) and read 1858 times:

What about Malaysia? Do they have much?

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