News
The world has 53.3 years of oil left
June 28, 2014 /
BP has provided an intriguing update to its global oil reserves estimate in the company’s latest yearly review of energy statistics. BP raised its reserve estimate by 1.1% to 1,687.9 billion barrels, which is enough oil to last the world 53.3 years at the current production rates. However, there’s likely a lot more oil left in the tank beyond what BP sees today.
Matt DiLallo, The Motley Fool
Full Story: http://www.usatoday.com/story/money/business/2014/06/28/the-world-was-533-years-of-oil-left/11528999/
MATR Supporters (view all)
Posted in: Energy and Climate Change
Sorry, we couldn't find any posts. Please try a different search.