100000% chdofyy476hwa9;vyoy8r66jy597047520850569
ALOT. 700mil barrels
Goods saved for a period of scarcity are often called a "reserve" (e.g. the Strategic Petroleum Reserve).
Bruce Andre Beaubouef has written: 'The strategic petroleum reserve'
France does not have a large petroleum reserve.
707 Million Barrels as of August 16th, 2008 with a capacity of 727 million barrels.
At the end of 2008, the US had about 714,000,000 barrelsof crude oil in the Strategic Petroleum Reserve.
The official reason is national security, so that the US petroleum reserve can be maintained for use in the case of war.
The simple answer is that if refineries shut down the strategic petroleum reserves (SPR) would not help. The SPR consists of crude oil - unrefined products. While the US consumes about 21.4 million barrels per day of petroleum products, those barrels are refined products: gasoline, jet fuel, diesel, etc.
Venezuela has the largest petroleum reserves in the world.
Dennis Lemmon
In a saltmine in the gulf of mexico.