Comment by refulgentis
1 month ago
This is simultaneously A) true B) not particularly huge IMHO (~5% of global oil production, 8% of reserves) C) unrelated as to whether the US "got their oil"
1 month ago
This is simultaneously A) true B) not particularly huge IMHO (~5% of global oil production, 8% of reserves) C) unrelated as to whether the US "got their oil"
Iraq has historically had a lot of undiscovered reserves.
8% of the entire world's proven oil reserves is not particularly huge?!
Correct
Compared to what? Cause by any reasonable measure I can come up with, that's an absolutely bonkers amount of oil.
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