Single most used energy source the us consumes the

Single most used energy source
The Us consumes the most oil on earth – 19 million barrels per day
Chine – 10 million barrels

Japan – 5 million
India – 3 million Russia 3million
Brazil Germany
The richest most industrialized countries use more oil
Whos got it?: oil reserves: amount of oil that is able to get it out
Reserves aren’t super accurate
Proven reserves claimed to have a reasonable certainty(90%) under existing technological conditions
Unproven reserves – base on geological data
As technology increases, the amount of useable oil increases
Venezuala has top proven reserves – 296.5 billion barrels
Suadi arabia – 265.5 billion barrels proven
Canada – 175 billion barrels proven
Persian gulf basin countries are in top 10 reserves
Russia libyia Nigeria – katar12, angola and Algeria
Middle east region has 50% of worlds proven oil reserves
1/3 ofproven oil reserves is in the Americas
Top 10 oil producer countires account for 65% of worlds oil production
Russia is top producer – 11 million per day, suudia arabia is 10mill
Us is 3
rd
producer of oil – 8.5 mil
Iran is #4
EU- imports the most oil
USA imports 2nd – 8-10
China 2 nd , india 3 rd
Exporting countries –
Venezula is 95% of their exports and 25 of their gdp and gas
Nigeria = 90% of exp 35% gdp
Libya 95% of export 50% gdp
Angola 45% gpa
Algeria 70% gdp

Saudia arabia – 92.5 % budget revenues 90% export
55% of gdp
Iran 80% export 20% gdp
Iraq 75% gdp
OPEC – all countires in top 30%
Half of top 10 producers and exporters are opec members