Originally posted by SVTNupe:
True or false, the US has one of the largest (if not largest) untapped oil reserves in the world?




i am not sure if that is a question or what.

If it is a question the answer is FALSE.


Quote:

Global Oil Supply by Region

The Mideast remains the largest oil-producing region, as shown in the accompanying graphs. Mideast dominance in oil reserves -- the estimated amount of oil that can be produced from known reservoirs -- is even more pronounced: the region holds about two-thirds of the one trillion barrels of global proved oil reserves (graph), so the region's critical role in world oil supply will continue and will grow. (The United States, by contrast, holds only 4 percent of global proved reserves.)




The United States, by contrast, holds only 4 percent of global proved reserves



(coming back to the reserve-market-monoploy, that's one reaons why middle east oil is so important)

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