Obama said we do.
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Do we really only have 3/4% of the world’s oil supply?
Obama said we do.
October 16th, 2008 at 4:21 pm
3/4th %, or 3-4%. Pretty sure it’s the latter.
October 16th, 2008 at 5:55 pm
http://www.eia.doe.gov/basics/quickoil.html
In 2005, the U.S. produced 5 million barrels of oil a day. Global production was up to 82.5 million barrels a day.
(There’s no accurate method to measure global reserves.) By the 2005 estimate, it’s 6%.