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What America’s energy blunder means for oil

Posted on 30 April 2014

Here’s a quiz for you. Can you name the top three countries by proven oil reserves? The top spot may surprise you. It’s Venezuela. The number two spot is more obvious. It’s Saudi Arabia. What about number three?
You won’t get this one. But don’t feel bad about it. The energy industry has gone through big changes in recent years, and even bigger changes are on the way… It may surprise you to know that the country with the third largest proven oil reserves is Canada. That’s an impressive feat for a country often disparaged as being the 51st US state, and for its people’s fondness for putting bacon on pancakes………………………………………..Full Article: Source


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VRS - who has written 36130 posts on Opalesque Commodities Briefing.


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