THERE IS NO SHORTAGE OF OIL--TOP WORLDWIDE OIL PRODUCERS AND PROVEN RESERVES!

This entry is the stock of proved reserves of crude oil in barrels (bbl). Proved reserves are those quantities of petroleum which, by analysis of geological and engineering data, can be estimated with a high degree of confidence to be commercially recoverable from a given date forward, from known reservoirs and under current economic conditions.

RANK COUNTRY (BARRELS OF OIL) DATE OF INFORMATION

1 Saudi Arabia 262,600,000,000 1 January 2011 est. 2 Venezuela 211,200,000,000 1 January 2011 est. 3 Canada 175,200,000,000 1 January 2011 est. 4 Iran 137,000,000,000 1 January 2011 est. 5 Iraq 115,000,000,000 1 January 2011 est. 6 Kuwait 104,000,000,000 1 January 2011 est. 7 United Arab Emirates 97,800,000,000 1 January 2011 est. 8 Russia 60,000,000,000 1 January 2011 est. 9 Libya 46,420,000,000 1 January 2011 est. 10 Nigeria 37,200,000,000 1 January 2011 est. 11 Kazakhstan 30,000,000,000 1 January 2011 est. 12 Qatar 25,380,000,000 1 January 2011 est. 13 United States 20,680,000,000 1 January 2011 est. 14 China 14,800,000,000 1 January 2011 est. 15 Brazil 12,860,000,000 1 January 2011 est. 16 Algeria 12,200,000,000 1 January 2011 est. 17 Mexico 10,420,000,000 1 January 2011 est. 18 Angola 9,500,000,000 1 January 2011 est. 19 Azerbaijan 7,000,000,000 1 January 2011 est. 20 Ecuador 6,510,000,000 1 January 2011 est.