I expect an invasion of Yemen by Saudi Arabia in less than 80 years. Invasion of conquest
Utimate_Eminant on
The years were calculated by reserve/yearly production I presume? So the years don’t really have a lot useful information since even within the same country oil production fluctuates
ThatLittleMonkeyGuy- on
West Asia? Is the Middle East politically incorrect or something?
TaikaWaitiddies on
Bahrain is cooked
ForeignExpression on
Would be amazing if they federated. Much more peaceful world.
Mashic on
I think UAE and Kuwait and some of the luckiest countries, small population and a lot of oil. They can make their population rich doing nothing. Only downside is they need a global power to protect them militarily.
Diet4Democracy on
Reserves are based on economics not only geology. Higher price, more reserves.
And these are just proven reserves. New discoveries and new drilling technology will likely vastly improve the current numbers over time.
khoawala on
This is the first time I’ve seen the label “West Asia” being used.
TooSmalley on
Proven oil supplies isnt how much oil is in the ground its how much oil is currently economically viable. Those numbers fluctuate with price and consumption rates. From what ive read Venezuela hasnt updated their proven oil reserves number in a decade when oil was over $100 a barrel, So their estimates a most probably bullshit.
5ofDecember on
Who will need oil in 30 year? ( Yes of course some oil will be used but just of fraction of actual level)
stag1013 on
Canada has 172B barrels, which puts it pretty high on this, and this is 189y left. Other than Venezuela, no major reserve has as many years left in the tank as Canada, but Iran is surprisingly close.
Bright_Ad3590 on
Crazy how Turkey has the largest economy out of all of them even though Turkey doesn’t have a fraction of the oil reserves the others possess.
16 Comments
I expect an invasion of Yemen by Saudi Arabia in less than 80 years. Invasion of conquest
The years were calculated by reserve/yearly production I presume? So the years don’t really have a lot useful information since even within the same country oil production fluctuates
West Asia? Is the Middle East politically incorrect or something?
Bahrain is cooked
Would be amazing if they federated. Much more peaceful world.
I think UAE and Kuwait and some of the luckiest countries, small population and a lot of oil. They can make their population rich doing nothing. Only downside is they need a global power to protect them militarily.
Reserves are based on economics not only geology. Higher price, more reserves.
Wow the hashemites really got stiffed… 1M barrels/USD, doesn’t exactly matter.
Imagine if the 5b + group were a single country
548? lol
And these are just proven reserves. New discoveries and new drilling technology will likely vastly improve the current numbers over time.
This is the first time I’ve seen the label “West Asia” being used.
Proven oil supplies isnt how much oil is in the ground its how much oil is currently economically viable. Those numbers fluctuate with price and consumption rates. From what ive read Venezuela hasnt updated their proven oil reserves number in a decade when oil was over $100 a barrel, So their estimates a most probably bullshit.
Who will need oil in 30 year? ( Yes of course some oil will be used but just of fraction of actual level)
Canada has 172B barrels, which puts it pretty high on this, and this is 189y left. Other than Venezuela, no major reserve has as many years left in the tank as Canada, but Iran is surprisingly close.
Crazy how Turkey has the largest economy out of all of them even though Turkey doesn’t have a fraction of the oil reserves the others possess.