Tommie Frazier, 1995
it will have at least your momos weight ok you sluts hahaha LOL
A large oil reserve was last discovered in 2010 with the announcement of the Santos Basin offshore Brazil, known as the Libra field. This discovery was estimated to hold between 8 to 12 billion barrels of recoverable oil.
The oil deposits in US offshore fields are owned by the US federal government. The oil companies acquire a lease or the right to explore and produce from the offshore deposits. These are long term leases. Similarly, international offshore fields belong to the country that has legal right to the coastal waters. They may be lease by the country to private companies for exploration and production, but they may also be developed by the country's national oil company.
Yes, the US does drill for oil. The country has extensive oil drilling operations both onshore and offshore, resulting in significant domestic oil production.
All reserve estimates involve uncertainty, depending on the amount of reliable geologic and engineering data available and the interpretation of those data. Some countries also falsify data for political reasons. Usually, initial estimates are low and tend to grow in time.
Definitely not Marty Davis, or the Nebraska Cornhuskers!
The official reason is national security, so that the US petroleum reserve can be maintained for use in the case of war.
The drilled oil belongs to whoever owns the specific oil rig.
Canada has 179 billion barrels of oil in reserve. The US has only 26.5 billion barrels of oil in reserve.
The Commonwealth
The US currently holds a "reserve" of 345 billion barrels of crude oil in land. However they hold a 250 billion reserve of shore trhough out the Pacific trnech and Gulf of Mexico.
it will have at least your momos weight ok you sluts hahaha LOL
ALOT. 700mil barrels
Middle east countries
according to U.S. monthly, japan owns 21.34333 percent of U.S. soil and about 41 percent of the federal reserve.
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.
At the end of 2008, the US had about 714,000,000 barrelsof crude oil in the Strategic Petroleum Reserve.