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Crude oil reserves are unevenly distributed due to geological reasons, with factors like ancient tectonic activity and sedimentation patterns leading to the concentration of oil in certain areas. Additionally, economic and political factors play a role, as some countries have invested more in exploration and extraction of oil reserves. Geopolitical considerations also influence where companies and countries choose to explore for oil.

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Where are the nearly two-thirds of the worlds known coal reserves?

Nearly two-thirds of the world's known coal reserves are located in just four countries: the United States, Russia, China, and Australia.


What percentage of the worlds oil comes the gulf region?

About 30% of the world's oil production comes from the Gulf region, mainly from countries like Saudi Arabia, Iraq, Iran, Kuwait, and the United Arab Emirates. These countries are major players in the global oil market due to their significant reserves and production capacity.


Where is over half of the worlds known supply of oil?

Over half of the world's known supply of oil is located in the Middle East region, particularly in countries like Saudi Arabia, Iran, Iraq, and the United Arab Emirates. These countries are known for their vast reserves of oil, making the region a major player in the global oil market.


Where is the world largest thorium deposits found?

The largest thorium deposits in the world are found in Australia, India, and the United States. These countries have significant reserves of thorium that could potentially be used as a source of nuclear energy in the future.


How long will the worlds petroleum reserves last at the present rate of consumption?

Estimates vary, but it's generally believed that the world's petroleum reserves will last for around 50-60 years at the current rate of consumption. This is based on known reserves and current extraction rates. However, new discoveries, advances in extraction technology, and changes in consumption patterns could all affect this estimate.

Related Questions

What percentage of the worlds oil reserves are controlled by OPEC countries?

The 12 OPEC contries control 79% of the worlds crude reserves and 44% of the worlds crude oil production.


If Kazakhstan has worlds nhighest gold reserves then why is it not the most developed or country?

Kazakhstan is one of the most developed countries despite having the highest number of gold reserves because of the mismanagement of country's resources.


Most of the worlds known oil reserves are located near which geographic area?

Persian Gulf


Where are the nearly two-thirds of the worlds known coal reserves?

Nearly two-thirds of the world's known coal reserves are located in just four countries: the United States, Russia, China, and Australia.


What country has the largest coal reserves in the world?

Russia has the largest coal reserves in the world. It has 1 third of the worlds coal reserves.


What country in south America has the worlds largest copper reserves?

Chile


What country has the worlds largest copper reserves?

"Pakistan has world's largest copper reserves." It is actually Chile that has the largest copper reserve.


What fish is the worlds most widely distributed freshwater?

i did not know the answer so what is the answer


What country has the greatest percentage of the worlds oil?

The 12 OPEC countries control 79% of the worlds crude reserves and 44% of the worlds crude oil and the most oil rich of these is Saudi Arabia. The related link below gives exact data (note the positions of Venezuela and Saudi should be swapped on the basis of the figures provided there).


Where are more than half of the worlds known oil reserves located?

in Siberia


Where are most of the worlds gold mines located?

The largest gold mines in the world are located in countries such as China, Australia, Russia, the United States, Canada, and South Africa. These countries have significant gold reserves and have a long history of gold mining.


What body of water in the middle east contains a large portion of the worlds oil reserves?

The Persian Gulf, located in the Middle East, contains a large portion of the world's oil reserves. Countries such as Saudi Arabia, Iran, Iraq, Kuwait, and the United Arab Emirates border this body of water and have significant oil reserves.