Friday, April 22, 2011

The world's largest oil reserves

oil reserves
Washington - The movement of oil prices can affect significantly on the economy. Although the commodity was stopped at the highest rate, but the state with the largest oil reserves continued to receive benefits, because of the increasing demand. The discovery of oil resources in the Middle East, the Gulf of Mexico, and other locations around the world, making these countries benefited from high oil concentration. The United States government estimates that the world has got oil reserves of 1.35 trillion barrels. Label proven oil reserves to bring awareness of the condition of logistics, politics, and economics in the vicinity of the reservation.

According to the United States Energy Information Agency, this is the countries with the largest oil reserves in the world:

1. SAUDI ARABIA
Reserves: 259.9 billion barrels
The total share of the world: 19.20 percent
Daily Oil Statistics (2009):
Total production: 9.76 million barrels
Consumption: 2.43 million barrels
Exports to the United States: 1.09 million barrels (December 2010).

2. CANADA
Reserves: 175.2 billion barrels
The total share of the world: 12.94 percent
Daily Oil Statistics (2009):
Total production: 3.29 million barrels
Consumption: 2.15 million barrels
Exports to the United States of 2.71 million barrels (December 2010).

3. IRAN
Reserves: 137.6 billion barrels
The total share of the world: 10.16 percent
Daily Oil Statistics (2009):
Total production: 4.18 million barrels
Consumption: 1.69 million barrels

4. IRAQ
Reserves: 115 billion barrels
The total share of the world: 8.5 percent
Daily Oil Statistics (2009):
Total production: 2.4 million barrels
Consumption: 636 thousand barrels
Exports to the United States: 336 thousand barrels (December 2010).

5. KUWAIT
Reserves: 101.5 billion barrels
The total share of the world: 7.5 percent
Daily Oil Statistics (2009):
Total production: 2.5 million barrels
Consumption: 372,000 barrels
Exports to the United States: 125 thousand barrels (December 2010).

6. VENEZUELA
Reserves: 99.4 billion barrels
The total share of world: 7.34 percent
Daily Oil Statistics (2009):
Total production: 2.47 million barrels
Consumption: 723,000 barrels
Exports to the United States: 917 thousand barrels (December 2010)

7. United Arab Emirates
Reserves: 97.8 billion barrels
The total share of world: 7.22 percent
Daily Oil Statistics (2009):
Total production: 2.79 million barrels
Consumption: 492 thousand barrels
Exports to the United States: 10 thousand barrels (September 2010)

8. RUSSIA
Reserves: 60 billion barrels
The total share of world: 4.43 percent
Daily Oil Statistics (2009):
Total production: 9.93 million barrels
Consumption: 2.74 million barrels
Exports to the United States: 514 thousand barrels (December 2010).

9. LIBYA
Reserves: 44.3 billion barrels
The total proportion of the world: 3.27 percent
Daily Oil Statistics (2009):
Total production: 1.79 million barrels
Consumption: 264 thousand barrels
Exports to the United States: 66 thousand barrels (December 2010).

10. NIGERIA
Reserves: 37.2 billion barrels
The total proportion of the world: 2.75 percent
Daily Oil Statistics (2009):
Total production: 2.21 million barrels
Consumption: 272 thousand barrels
Exports to the United States: 1.07 million barrels (December 2010).

11. KAZAKHSTAN
Reserves: 30 billion barrels
The total share of world: 2.22 percent
Daily Oil Statistics (2009):
Total production: 1.54 million barrels
Consumption: 241 thousand barrels
Exports to the United States: 21 thousand barrels (December 2010).

12. QATAR
Reserves: 25.4 billion barrels
The total share of world: 1.88 percent
Daily Oil Statistics (2009):
Total production: 1.21 million barrels
Consumption: 147 thousand barrels
Exports to the United States: 16 thousand barrels (December 2010).

13. CHINESE
Reserves: 19.2 billion barrels
The total share of world: 1.42 percent
Daily Oil Statistics (2009):
Total production: 9.14 million barrels
Consumption: 18.81 million barrels

14. UNITED STATES
Reservation of oil: 19.2 billion barrels
The total share of world: 1.42 percent
Daily Oil Statistics (2009):
Total production: 9.14 million barrels
Consumption: 18.81 million barrels

15. BRAZIL
Reserves: 11.65 billion barrels
The total share of world: 0.95 percent
Daily Oil Statistics (2009):
Total production: 2.57 million barrels
Consumption: 2.52 million barrels
Exports to the United States: 295 thousand barrels