If true, "Hidden 1,000 feet beneath the surface of the Rocky Mountains lies the largest untapped oil reserve in the world - more than 2 Trillion barrels." Below is the link to the story. NOTE: Would be nice if it is true!! http://www.stansberryonline.com/OIL/20060405-OIL-COL.asp?pcode=EOILG422&alias=200604OIL
Russia. See related link. I checked a few sources, as to be reserves, there must be a high degree of confidence that this quantity of gas can be produced and there exists a sufficient market to make development commercial. However, Russia appears to be way out in front in terms of stated reserves, but number 2 position is either Iran or Turkmenistan.
I'm pretty sure that the country that has the largest oil and gas reserves in the region is Brazil. Answer: Russia has the largest natural gas reserve which is estimated at 44.65 million cubic M. The United States has the 6th largest reserve with an estimated 5.977 million cubic M.
Yes. That is the same as a guy finding an untapped oil well beneath his property. You find it, you keep it.
It releases less carbon dioxide then coal or oil, so it is better for the environment.One of the biggest advantages of using natural gas is the fact that there is so much of it. The US has the 6th largest reserve of natural gas in the world.
The world's oil reserves are where the world's oil supplies are located. This is exceptionally important in monitoring the world's oil supply.
Oil has the highest specific gravity. Water has the second.
Venezuela is known to have the largest oil reserves in the world.
The country of Saudi Arabia has the largest oil reserve in the world with over 100 billion oil barrels. The second largest oil reserve in the world is Iraq with over 21 billion barrels.
USA
Saudi Arabia and Venezuela are the two countries with the biggest deposit of oil.
The United States.
RUSSIA
America is the biggest oil consumer country of the world and Saudia Arabia is the largest oil producing country of the world. Russia is the largest oil producing country, it produces about 1,200,000 more barrels daily than Saudi Arabia
Saudi Arabia is the top oil exporter in the world
libya, as it is the largest oil supplier in the world
Saudi Arabia with proven oil reserves of 264,600,000,000 barrels of oil.
Venezuela.
USA