Today, the world has vastly more proven oil reserves than existed during the Carter years.
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Opening up untapped natural gas and oil reserves would push those figures even higher.
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Mauritania has been an ally of the United States, and it has significant oil reserves.
With its massive oil reserves, Kirkuk is the most bitterly contested of Iraq's disputed territories.
They are estimated to contain recoverable oil reserves of more than 45 million barrels.
With vast oil reserves, tiny Brunei on the northwest coast of Borneo is immensely wealthy.
Moreover, Saudi Arabia alone accounts for a quarter of the world's proven oil reserves.
The West Qurna oil field in Iraq contains one of the world's largest oil reserves.
Significant potential exists for boosting the proven oil reserves of Kazakhstan, both offshore and onshore.
Moreover, gas reserves are in fact more widely dispersed and more abundant than oil reserves.
The vast majority of the world's oil reserves are in the hands of government-owned oil companies.
But those in Pope and Johnson counties, areas Richard said might hold significant oil reserves, are divided.
Oil fields west of Shetland are estimated to contain about 20% of the UK's remaining oil reserves.
But investors looking for oil companies with lots of oil reserves used to consider PBR a favorite.
It has estimated oil reserves of nearly 12 billion barrels, attracting strong interest from foreign oil firms.
He believes Norway's oil reserves give it a bargaining power with the EU that the UK would lack.
In the last 20 years, estimates of global oil reserves have climbed more than 70%, despite record consumption.
This is oil on an outlandish scale--if true this would effectively double America's current total proved oil reserves.
But, the United Arab Emirates is an oil-rich nation containing approximately 10 percent of the world's oil reserves.
America uses 20 percent of the world's oil, and we've got 2 percent of the world's oil reserves.
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While demand had continued to rise, domestic producers had fallen behind in the search for new oil reserves.
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Consider this: Back in 1944, the first estimate of total global crude oil reserves was 51 billion barrels.
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The first is that its reserves are much greater: about a quarter of the world's proven oil reserves.
Amoco Eurasia is a leading member of the Azerbaijan International Operating Company (AIOC) consortium developing Azerbaijan's oil reserves.
Geology has granted two-thirds of the world's proven oil reserves to Saudi Arabia and four of its neighbours.
And with this prospecting the estimates of U.S. oil reserves will certainly increase.
Iraq is sitting on the third largest proven oil reserves in the world.
The campaign also blasted Obama for his apparent shift on strategic oil reserves.
Venezuela, for instance, has announced proven oil reserves 1.5x that of Saudi Arabia.
In 1989, the two countries signed the Timor Gap Treaty, dividing between them the Timor Sea's vast oil reserves.
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