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Trinidad is the Caribbean's leading oil producer.

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Rylan Ratke

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2y ago

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What Caribbean has a higher standard of living because of its large oil reserves?

Trinidad and Tobago


What Caribbean island has higher standard of living because of its large oil reserves?

Trinidad and Tobago


Which Caribbean country has a large quantities of petroleum?

which caribbean country has a large quantity of petroleum


Where in the Caribbean can you find large quantities of petroleum?

Large quantities of petroleum can be found in the Caribbean Sea, particularly near countries like Trinidad and Tobago, which has significant oil reserves and production facilities. Additionally, the Bahamas and Cuba have offshore oil exploration activities, with potential reserves in their territorial waters. Venezuela, while not an island nation, has extensive oil fields near the Caribbean coast, contributing to the region's petroleum resources.


What Caribbean Island has a higher standard of living because of its large oil reserves?

Trinidad and Tobago is the Caribbean island that has a higher standard of living due to its large oil reserves. The country's economy is heavily reliant on oil and natural gas exports, which contribute significantly to its GDP and overall prosperity.


What Caribbean island has the largest oil supply?

Trinidad is the Caribbean's leading oil producer.


Does turkey have large oil reserves?

No. Turkey does not have large oil reseves.


What country in this region has large oil reserves?

Saudi Arabia has the largest oil reserves in the region.


How large are US oil reserves?

The approximate proven US oil reserves are 134 Billion barrels of oil.


What Caribbean island has higher standard of living because of its large oil reserves and about how much oil does it export?

Trinidad and Tobago exports 4 billion standard cubic feet per day!


What countries have large oil and gas reserves in central Asia?

All countries in Central Asia has large oil and natural gas reserves.


Does Iran or Iraq have large oil reserves?

They both have large oil reserves. Most of the Iraqi reserves are near the city of Basra in the south and the city of Kirkuk in the north. Most of the Iranian reserves are in the province of Khuzestan in the southwest.