answersLogoWhite

0

Siberia definitely produces most of the worlds oil

User Avatar

Wiki User

14y ago

What else can I help you with?

Related Questions

What type of government controls the OPEC?

OPEC controls most of the worlds oil source.


What organization controls almost 96 of the worlds oil production and trade?

Exxon


What organization controls almost 96 percent of the worlds oil production and trade?

Exxon


How much of the worlds oil supply is found in southwest Asia?

50% , HALF


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

in Siberia


What organization's goal is to control the worlds production and price of oil?

OPEC is the organization that controls the world's production and price of oil. The members of OPEC come from twelve oil producing states.


In 1990 Saddam Hussein had the capability to control ho much of the worlds oil?

one half


Why is the OPEC less powerfull now?

Opec controls significantly less of the worlds oil supply than it used to. As many countries that have discovered oil have not joined OPEC.


What body of water does more than one half of the worlds known oil supply is in the eight nations surround?

stinky


In what ocean is approximately half of the worlds ocean water found?

The Pacific holds half of the worlds ocean water.


How much of the worlds oil still remains?

Lots of the worlds oil is still here. We haven't yet discovered all the oil.


Why should the oil companies do anything different?

The exploration, extraction, refining and use of oil (and oil by-products), is killing the planet, due to pollution. Though this is not the true reason why oil companies are searching for alternative fuels. The real reason is that the worlds oil reserves are shrinking and whoever controls the oil, controls world energy resources. A country could basically be held to ransom by controlling the supply of oil to that country. Therefore, oil companies need alternative fuels for the future, so that there will be a future.