If it is proved it exists it is considered a reserve. It might already be on the very first table I posted. (I am not saying that it is already there).
Now assuming the value was no computed on the USA reserve tables that would increase it by 50%:
55 billion + 25 billion
That's a good question. I am not sure if the 2001 tables I have already include those reserves.
But you can verify that the Middle East having about 650 billion barrels is going to monopolize the market no matter how many Alaskas we find around the world.
That's the issue here. Alaska could be a temporary relief, but it would not even be able to retain prices (depending on the demand) because if the demand continues to grow the main producer (in the future, OPECs) will tell us the price.
