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(The data below does not seem to include shale oil and other unconventional sources of oil such as tar sands. For instance, North America has over 3 trillion barrels of shale oil reserves, [ citation needed ] and the majority of oil produced in the US is from shale, leading to the paradoxical data below that the US will finish all its oil at ...
Global annual crude oil production (including shale oil, oil sands, lease condensate and gas plant condensate but excluding liquid fuels from other sources such as natural gas liquids, biomass and derivatives of coal and natural gas) increased from 75.86 million barrels (12.1 million cubic metres) in 2008 to 83.16 million bbl (13.2 million m 3 ...
By 2009, Venezuela reported 211.17 billion barrels (3.3573 × 10 10 m 3) of conventional oil reserves, the largest of any country in South America. [6] When 2015 ended, Venezuela's confirmed oil reserves were estimated to be around 300.9 billion barrels in total. In 2008, it had net oil exports of 1.189 Mbbl/d (189,000 m 3 /d) to the United ...
In 2005, 2.42 billion metric tons of oil were shipped by tanker. [2] 76.7% of this was crude oil, and the rest consisted of refined petroleum products. [2] This amounted to 34.1% of all seaborne trade for the year. [2] Combining the amount carried with the distance it was carried, oil tankers moved 11,705 billion metric-ton-miles of oil in 2005 ...
The tonne of oil equivalent ( toe) is a unit of energy defined as the amount of energy released by burning one tonne of crude oil. It is approximately 42 gigajoules or 11.630 megawatt-hours, although as different crude oils have different calorific values, the exact value is defined by convention; several slightly different definitions exist.
Metric regions commonly use the tonne of oil equivalent (toe), or more often million toe (Mtoe). Since this is a measurement of mass, any conversion to barrels of oil equivalent depends on the density of the oil in question, as well as the energy content. Typically 1 tonne of oil has a volume of 1.08 to 1.19 cubic metres (6.8 to 7.5 bbl).
M1 Abrams. The M1 Abrams ( / ˈeɪbrəmz /) [ 10] is a third-generation American main battle tank designed by Chrysler Defense (now General Dynamics Land Systems) and named for General Creighton Abrams. Conceived for modern armored ground warfare, it is one of the heaviest tanks in service at nearly 73.6 short tons (66.8 metric tons ).
The cost to procure each B-2 was US$737 million in 1997 dollars (equivalent to US$1300 million in 2021 [43]), based only on a fleet cost of US$15.48 billion. [5] The procurement cost per aircraft, as detailed in GAO reports, which include spare parts and software support, was $929 million per aircraft in 1997 dollars.