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(The data below does not seem to include shale oil and other unconventional sources of oil such as tar sands. For instance, North America has over 3 trillion barrels of shale oil reserves, [ citation needed ] and the majority of oil produced in the US is from shale, leading to the paradoxical data below that the US will finish all its oil at ...
Petroleum: top consuming nations, 1960–2008 A map of world oil consumption in barrels a day per capita, ... This is a list of countries by oil consumption. [1] [2] ...
Commercial crude oil stock pile. The Strategic Petroleum Reserve (SPR) is an emergency stockpile of petroleum maintained by the United States Department of Energy (DOE). It is the largest publicly known emergency supply in the world; its underground tanks in Louisiana and Texas have capacity for 714 million barrels (113,500,000 m 3). [1]
The U.S. plans to buy 1.2 million barrels of oil to help replenish the Strategic Petroleum Reserve after it sold off the largest amount ever last year, the Energy Department said on Monday. The ...
The Biden administration has since begun refilling the oil reserve, which had more than 367 million barrels of crude oil as of last week. The total is lower than levels before the Russia-Ukraine ...
In 1970, local peak production was 10,044 million bbl (1,597 million m 3) per day in November 1970. [8] Total production of crude oil from 1970 through 2006 was 102 billion barrels (16.2 × 10 ^ 9 m 3), or roughly five and a half times the proved reserves over the same timeframe when taking into account the decreasing proved reserves.
Oil shale reserves (perhaps 3 trillion barrels (4.8 × 10 11 m 3)) and coal reserves, both of which can be converted to liquid petroleum, are not included in this chart. Other non-conventional liquid fuel sources are similarly excluded from this list.
Known oil reserves are typically estimated at 190 km 3 (1.2 trillion (short scale) barrels) without oil sands, [91] or 595 km 3 (3.74 trillion barrels) with oil sands. [92] Consumption is currently around 84 million barrels (13.4 × 10 ^ 6 m 3 ) per day, or 4.9 km 3 per year, yielding a remaining oil supply of only about 120 years, if current ...