Using Figure contrast the annual rate of oil extraction of the United States and of Saudi Arabia
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Years of Proven Oil Reserves Remaining to Exhaustion (at Current Rates of Extraction) December 2008, Billion Barrels of Reserves 0 50 100 150 Years Remaining Saudi Arabia Iran Tra Kuwait Venezuela UAE Russia Libya Kazakhstan Nigeria United States Canada Qatar China Angola 264.1 66.5 86.5 100+ 99.6 100+ 89.7 21.8 64.6 0.0 45.6 12.4 24.1 54.1 11.1 19.7
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The United States had 11 years of reserves remaining in 2002 but ...View the full answer
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Managerial economics applications strategy and tactics
ISBN: 978-1439079232
12th Edition
Authors: James r. mcguigan, R. Charles Moyer, frederick h. deb harris
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