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Page added on January 25, 2013

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The Truth about U.S. Oil Reserve Ranking: 89th from the Top!

Geology

My blog post of November 19, 2012, showed that it was highly unlikely that the United States could produce more oil than Russia and China by 2020. To underscore that point even further, the table below provides a listing of proved oil and gas reserves for Saudi Arabia, Russia and the United States. Notice that with a rank of 89, U.S. proved oil reserves are less than 88 other countries, and are far lower than Russia or Saudi Arabia. On the other hand, the United States does possess considerable proved natural gas reserves on a par with Russia and Saudi Arabia. However, the original media hype from a few weeks ago, was oil, not natural gas.

  • How does a country with a rank of 89 even begin to challenge countries with rankings in the 1 to 10 range?
  • How does the United States maintain its position as an independent super power with limited domestic oil?
  • How can the United States uncouple the relationship between its Gross Domestic Product (GDP) and foreign oil dependency?
  • Were these questions ever debated during the 2011 – 2012 presidential campaign?
                 WORLD RANKINGS
COUNTRY Oil Reserves Gas Reserves
Saudi Arabia 1 6
Russia 8 1
United States 89 4

 



8 Comments on "The Truth about U.S. Oil Reserve Ranking: 89th from the Top!"

  1. GregT on Fri, 25th Jan 2013 3:12 am 

    Answers:

    1. War on Terror
    2. War on Terror
    3. War on Terror
    4. Nope

  2. BillT on Fri, 25th Jan 2013 4:12 am 

    War!
    WAR!
    WAR!
    Extreme Top Secret!

  3. Keith_McClary on Fri, 25th Jan 2013 5:32 am 

    “How does a country with a rank of 89 even begin to challenge countries with rankings in the 1 to 10 range?”

    Just pump it all out much faster, obviously.

  4. DC on Fri, 25th Jan 2013 6:33 am 

    Just declare it to true, regardless of how tenuous the statement bears on reality?

  5. KingM on Fri, 25th Jan 2013 12:45 pm 

    Where does #89 come from? According to Wikipedia, the US is #13. Still not anywhere near the top, but #89 is pretty ridiculous. #89 on Wikipedia is Greece, with 10 million barrels, or less than two days of US production.

    So, I’m thinking #89 is totally pulled out of someone’s hat.

    http://en.wikipedia.org/wiki/List_of_countries_by_proven_oil_reserves

  6. Kenz300 on Sun, 27th Jan 2013 3:25 am 

    Ignore oil and coal and move to wind and solar.

    They are cleaner, safer and the reserve numbers are not made up.

  7. JAMES MARIO WILSON on Thu, 9th Apr 2015 3:46 pm 

    HEY FOLKS , I AGREE WITH Kenz300 REGARDING HIS COMMENT AND IT’S REALLY WHAT WE SHOULD BE FAR BEYOND WHERE WE ARE AT ? FURTHERMORE , IT’S A SURE WAY TO INCREASE JOBS AND RAISE THE NUMBER OF SKILLED WORKERS & EVEN CITIZENS GENERALLY SPEAKING TOO ! IN FACT IT WOULD DO MANY POSITIVE THINGS OVERALL & BENEFIT SO MUCH . ESPECIALLY WITH REGARD TO THE HEALTH OF OUR PRECIOUS AND ONLY PLANET TO LIVE ON !

  8. GregT on Thu, 9th Apr 2015 4:03 pm 

    @ James Wilson,

    How do you propose that we build out solar and wind infrastructure without using fossil fuels?

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