Production of crude oil as a percentage of proved reserves: Recent worldwide and US trends
Green Car Congress
JANUARY 24, 2022
In this analysis, I examined the relation between crude-oil production and crude-oil reserves in the world overall and in the United States alone. This variable is inversely related to the reserves-to-production ratio.) The years examined were 1980 through 2020 (in five-year increments through 2015, and then every year).
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