Biggest Oil Reserves

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Biggest Oil Reserves
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Who's Got The Most Oil?

• Big movements in the price of oil can have
  significant effects in the general economy, and
  although the commodity is off its all-time highs,
  countries with the most oil within their borders
  are set for big profits as demand for crude
  continues to rise.

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• With much of the world's existing reserves found
  in the Middle East, Gulf of Mexico and a few
  other locations around the globe, individual
  countries benefit incredibly from their
  surprisingly high concentrations of oil.
• As of 2008, the US government estimates that the
  world has proved reserves in the neighborhood of
  1.36 trillion barrels. . .

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15. Mexico

• Proved Oil Reserves 11.65 billion barrels
  Daily Numbers Total Oil Production 3.19
  million barrels Crude Oil Production 2.79
  million barrels Consumption 2.13 million
  barrels Exports to US (2007) 1.54 million
  barrels

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14. Qatar

• Proved Oil Reserves 15.2 billion barrels Daily
  Numbers Total Oil Production 1.2 million
  barrels Crude Oil Production 940,000 barrels
  Consumption 120,000 barrels Exports to US
  (2007) 2,000 barrels Pictured Oil Refinery in
  Qatar

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• Proved Oil Reserves 16 billion barrels Daily
  Numbers Total Oil Production 3.97 million
  barrels Crude Oil Production 3.79 million
  barrels Consumption 7.57 million barrels
  Exports to US (2007) 13,000 barrels Pictured
  Off shore oil in China

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12. United States

• Proved Oil Reserves 21.3 billion barrels Daily
  Numbers Total Oil Production 8.51 million
  barrels Total Crude Production 4.95 million
  barrels Consumption 19.48 million barrels
  Pictured Chevron El Segundo Refinery,
  California

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11. Kazakhstan

• Proved Oil Reserves 30 billion barrels Daily
  Numbers Total Oil Production 1.43 million
  barrels Crude Oil Production 1.35 million
  barrels Consumption 239,000 barrels Exports to
  US (2007) 19,000 barrels Pictured Control
  station of the Atasu-Alashenkou pipeline in
  Atasu, Kazakhsta

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10. Nigeria

• Proved Oil Reserves 36.2 billion barrels Daily
  Numbers Total Oil Production 2.168 million
  barrels Crude Oil Production 2.165 million
  barrels Consumption 286,000 barrels Exports to
  US (2007) 1.13 million barrels Pictured Boy
  walks along oil pipeline belonging to the Agip
  Oil company in Idu Ogba, Niger

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9. Libya

• Proved Oil Reserves 41.5 billion barrels Daily
  Numbers Total Oil Production 1.88 million
  barrels Crude Oil Production 1.74 million
  barrels Consumption 273,000 barrels Exports to
  US (2007) 117,000 barrels Pictured Tripoli
  skyline at night, Libya

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8. Russia

• Proved Oil Reserves 60 billion barrels Daily
  Numbers Total Oil Production 9.79 million
  barrels Crude Oil Production 9.36 million
  barrels Consumption 2.9 million barrels
  Exports to US (2007) 414,000 barrels
  Pictured Reservoirs at Priobskoye oil field,
  Siberia, Russia

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7. Venezuela

• Proved Oil Reserves 87.03 billion barrels
  Daily Numbers Total Oil Production 2.64
  million barrels Crude Oil Production 2.39
  million barrels Consumption 760,000 barrels
  Exports to US (2007) 1.36 million barrels
  Pictured El Palito oil refinery, Puerto
  Cabello, Venezuela

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6. United Arab Emirates

• Proved Oil Reserves 97.8 billion barrels Daily
  Numbers Total Oil Production 3.05 million
  barrels Crude Oil Production 2.68 million
  barrels Consumption 463,000 barrels Exports to
  US (2007) 10,000 barrels Pictured Refinery
  worker rides a bicycle at an oil processing plant
  in Jebel Ali, Dubai, United Arab Emirates.

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5. Kuwait

• Proved Oil Reserves 104 billion barrels Daily
  Numbers Total Oil Production 2.74 million
  barrels Crude Oil Production 2.59 million
  barrels Consumption 325,000 barrels Exports to
  US (2007) 181,000 barrels

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4. Iraq

• Proved Oil Reserves 115 billion barrels Daily
  Numbers Total Oil Production 2.39 million
  barrels Crude Oil Production 2.38 million
  barrels Consumption 638,000 barrels Exports to
  US (2007) 484,000 barrels Pictured Beiji Oil
  refinery, Iraq

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3. Iran

• Proved Oil Reserves 138.4 billion barrels
  Daily Numbers Total Oil Production 4.17
  million barrels Crude Oil Production 4.05
  million barrels Consumption 1.8 million barrels
  Exports to US (2007) 0 Pictured Oil refinery
  and petrochemical complex, Mahshahr, Iran

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2. Canada

• Proved Oil Reserves 178.59 billion barrels
  Daily Numbers Total Oil Production 3.350
  million barrels Crude Oil Production 2.59
  million barrels Consumption 2.26 million
  barrels Exports to US (2007) 2.45 million
  barrels

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1. Saudi Arabia

• Proved Oil Reserves 266.7 billion barrels
  Daily Numbers Total Oil Production 10.7
  million barrels Crude Oil Production 9.26
  million barrels Consumption 2.29 million
  barrels Exports to US (2007) 1.49 million
  barrels Pictured Saudi Arabian Oil Refinery