Single most used energy source The Us consumes the most oil on earth 19 million

Single most used energy source the us consumes the

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Single most used energy source The Us consumes the most oil on earth – 19 million barrels per day Chine – 10 million barrels
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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
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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
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  • Fall '15
  • JohnBoyer
  • Saudi Arabia, United Arab Emirates, Oil reserves

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