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PostWysłany: Śro 13:44, 23 Lut 2011    Temat postu: Spare oil-production capacity worldwide

Spare oil-production capacity worldwide,Lace wigs
Spare oil-production capacity worldwide
Morse said there are about 4.5 million barrels a day of spare oil-production capacity worldwide, including 3.5 million barrels a day in zen cart templates Saudi Arabia. Traders will look to al-Naimi for indications of whether his country stands ready to boost output to calm markets.
Libya has 47 billion barrels of proved petroleum reserves, the ninth-largest in the world and the largest in Africa, according to the zen cart templates Organization of Petroleum Exporting Countries, to which Libya belongs. It also has 54 trillion cubic feet of natural gas reserves, according to the U.S. Energy Information Administration.
Despite its large reserves and reliance on oil for 95 percent of its export earnings, Libya has watched its production decline to zen cart templates about half of the 3 million barrels a day it produced in the 1960s.
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