US Oil Reserves Exceed Saudi Arabia (Video)

According to Rystad Energy, a Norwegian oil and gas consultancy firm, the US now has more proven oil reserves than Saudi Arabia.

The new assessment put the United States at the top of proven oil reserve nations with 264 billion barrels still in the ground, nearly 20% more than Saudi Arabia’s 212 billion barrels.

Rystad assessed 60,000 oil fields worldwide over a period of three years to estimate the accessible oil available to different states and corporations.

 

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