(1) these oil reserves are not needed. (2) the area is so inaccessible that only one route has been developed. (3) other energy supplies are abundant in that region. (4) the United States does not have drilling rights in Alaska. (5) the United States does not wish to complete with the Soviet Union For Alaska trade routes.
Lots of countries have crude oil reserves. Russia, Saudi Arabia, the US, and Iran have the most crude oil reserves.
Saudi Arabia has the most oil reserves in southwest Asia, making it one of the world's largest oil producers.
Right. Mexico is one of the largest producers of oil in the world.
In the 1970s, significant oil reserves were discovered in several locations, notably in the North Sea, particularly in the UK sector, which became a major oil-producing region. Additionally, large oil fields were found in Alaska, including the Prudhoe Bay Oil Field, which is one of the largest in the United States. These discoveries contributed to a dramatic increase in oil production and impacted global energy markets.
Saudi aribia
Largest reserves of oil is in the Middle East 56%, North Amercia 16%, Africa 9%, Central and South America 8%, Eurasia 7%, Asia 3% and Europe 1%.
oil
Maracaibo
Using coal, oil, and natural gas causes damage to the environment.
Doesnt have one
Oil, Saudi oil reserves are the largest in the world, and Saudi Arabia is the world's leading oil producer and exporter. Oil accounts for more than 90% of the country's exports and nearly 75% of government revenues. Proven reserves are estimated to be 263 billion barrels, about one-quarter of world oil reserves.