I didn't know they had SO MUCH oil... 🛢️ #shorts

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#shorts Have you ever wondered which country has the largest oil reserves in the world? Many of you might immediately think of countries in the middle east and you'll not be completely wrong.

In fact, Saudi Arabia has the second largest known oil reserves in the world, The majority of Saudi Arabia's reserves are located in the Ghawar field, the largest conventional oil field in the world, the sum of all oil deposits being 266.5 billion barrels.

But the country on the first place really surprised me. Totaling 300.9 billion barrels Venezuela has the largest oil reserves in the world. Most of these reserves are located in the Orinoco Belt, a heavy oil belt in the eastern part of the country.

#geography #maps #oil #saudiarabia #venezuela

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US after hearing this: Alright kids, bring the F-35s, AH-64s, and B-52.

Koronuru

Where there is Oil, There must be democracy 😂

tanvirchowdhury

Others-Kingdom of Saudi Arabia 🇸🇦
Americans- KINGDOM OF OIL 🛢️🇸🇦

Swedish-Mapper

Kinda crazy the US decimated Venezuela's economy and government because Venezuela wanted to govern it's own oil industry. Venezuela being ultra rich like the Saudi's would've also threatened the US influence over the rest of the west. Imagine if we had a Dubai in the western hemisphere.

bud

him: middle east has not much oil
USA: pls say that agin

Cowboypower

the world : where did Venezuela go?
America : I don't know

nikolaisaric

usa after seeing this: wE aTtAcK vEnEzUeLa NoW!

MehmethanErdel

The world:where did Saudi Arabia and Venezuela go. America:I wonder where they went I guess someone has to take their oil

starrhedden

USA: Write that down, WRITE THAT DOWN!!!

theknowledgedits

The thing is Venezuela has the biggest oil reserves BUT it is not like Saudi Arabia, Venezuela's oil is much more difficult to extract making their oil more expensive.

jamese

Venezuela? Damn... looking at their economy, I can't help but laugh. It's like gifting Rolex watch to someone without arms...

hermit

Venezuela suffers to collect their oil for what USA has done to them. It's hard to do so

Delcatroids

It isn't about just US influence. Venezuela has horrifically bad management of its abundant reserves. They don't have the technology to extract, they don't have the education, and they are constantly posturing with countries like the US in a similar fashion to North Korea. The US being in Saudi Arabia and the middle east for oil does a few things-Price stability and decreased internal conflicts. Saudi Arabia is called Saudi Arabia because the house of Saud conquered the region after WW1, but there used to be several smaller states that fought each other constantly. In addition, the US can use its position to counter Iran, a distinctly hostile regime to just about everyone in the region, and the US was just in both Afghanistan and Iraq at the same time. Venezuela was one of the richest nations in the americas back in the 1960s, and then lost it all due to its own poor mismanagement. Today, its a failed state directly because of its leadership. Don't forget, it isn't just the US, they can largely fund their own consumption, its Europe that is addicted to Middle East Oil and Natural Gas. They just can't meet their demands with their own supplies in the North Sea and Romania.

Da__goat