Second, reserves are based on the amount of oil that is present and financially viable to extract.
Iraq is home to the second largest reserves of oil in the world, after Saudi Arabia, but it is likely to take many years to bring oil from untapped areas to market.
It has the second-biggest reserves after Saudi Arabia in terms of liquid oil reserves, and it has relatively simple geology.
The country has an abundance of energy resources - substantial oil reserves and natural gas reserves second only to those of Russia.
They cannot help wondering why, with its educated population and bountiful resources, including the world's second-largest reserves of both oil and natural gas, Iran struggles with high unemployment, low wages and surging inflation.
Bolivia has the second largest natural gas reserves in South America after Venezuela.
Iraq's oil reserves are second in size only to those of Saudi Arabia.
But many cities are still without running water, and the country with the second-largest oil reserves in the world is importing gasoline.
Iraq's proven reserves are second only to those of Saudi Arabia.
President George Bush had pressed for an even bigger write-off but France had argued that such generosity was unjustified, given that Iraq has the world's second-largest oil reserves.
Dr. Stacy provided a detailed technical presentation of the physical location, size and geo-political complexities associated with bringing to market what he characterized as potentially the world's second-largest oil reserves -- and a key energy resource for the industrialized nations in the 21st Century .
Not only does Canada have the second-largest proven oil reserves in the world, 60 percent of the energy produced in Canada is hydroelectric, clean energy.
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Second, many banks are reducing reserves, which was money set aside to cover potential losses.
The second way is to look beyond conventional reserves to unconventional ones, like the tar sands.
China's expanding appetite for U.S. soybeans to fatten livestock is largely behind shrinking reserves of America's second-largest crop.
New technologies allow for the vast development of the Athabasca tar sands in Alberta, helping make Canada's oil reserves the world's second largest.
That's probably because Iraq's reserves of 112 billion barrels, second only to Saudi Arabia's, would come with some very hard bargaining.
Considering that Iraq's estimated reserves of 150 billion barrels are second only to Saudi Arabia's, oil economists think Iraq could easily produce 5 million barrels a day for many years.
With 133 billion barrels of proven reserves, it is the world's second-largest petro nation, after Saudi Arabia.
Even so, 170 billion barrels places Alberta second only to Saudi Arabia in terms of proven oil reserves, and ever-developing technology is likely to bring more in reach.
America, the world's second-biggest coal producer after China, has mammoth reserves and a power industry that is turning against coal (currently responsible for almost half of domestic electricity generation).
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If that gap persists, the problem can be addressed by supplementing payment of interest on reserves with steps to reduce reserves and drain excess liquidity from markets the second means of tightening monetary policy.
"Some banks could report higher earnings here because they simply are taking money out of their reserves and calling it a profit like they did in the second quarter, " Bove says.
"Pennsylvania Reserves at Plum Run" takes place on the evening of the second day and depicts the counterattack into the "Valley of Death" below Little Round Top.
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Banks in the second quarter bought 69.4 metric tons during the second quarter demonstrating that central banks are continuing to turn to gold to diversify their reserves.
Capital One said second-quarter profit fell 90 percent as an acquisition forced it to set aside loan-loss reserves.
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