Oil reserves refer to the amount of oil that is discovered and can be extracted from the ground using current technology, at a given point in time. They represent the known and accessible oil deposits that can be used to meet our energy needs.
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Phrases with «oil reserves»
Sentences with «oil reserves»
- The oil sands are the third - largest oil reserves in the world. (jeffrubinssmallerworld.com)
- It is there that terrorists have the easiest access and the largest proportion of proven oil reserves, and low - cost production are also located there. (calcars.org)
- For a country with the largest oil reserves in the world, and whose economy is now almost completely dependent on oil exports to obtain money, that is not a good thing. (coinira.com)
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