The U.S , Venezuela and Canada holds 2.6 trillion barrels of oil

Aug. 7, 2011 - PRLog -- The U.S, Venezuela and Canada holds 2.6 trillion barrels of oil.

Albanian Minerals President and CEO Sahit Muja said "The U.S,  energy iIndependence is absolutely possible if we invest in innovative technology".
The USA, the land of opportunity that has attracted millions of emigrants worldwide has a huge potential to remain the world's richest and most powerfull country in the planet for thousands of years to come.

World oil production in 2010 to reach 82.095 million barrels per day (B/D), up from 80.278 million B/D in 2009, World oil consumption in 2010 increased by 3.1% to hit 87.382 million B/D.
Venezuela is the country with the biggest proven oil reserves now surpasses Saudi Arabia.

OPEC’s latest figures have Venezuela as the country with the biggest proven crude oil reserves ahead of Saudi Arabia. But analysts said Wednesday it’s an increase largely on paper and unlikely to lead to changes within the organization or affect oil markets.

Venezuela’s proven oil reserves have risen to 296.5 billion barrels, surpassing Saudi Arabia’s more than 264.5 billion barrels, the Organization of Petroleum Exporting Countries said in its annual statistical report .
Venezuela’s reserves have increased by including more of the country’s unconventional extra-heavy crude, which is much more difficult and expensive to extract from the ground and to process than oil found elsewhere.

Venezuela’s oil reserves are going to be critical for US  oil supplies in the future.
Venezuela had 179 trillion cubic feet (Tcf) of proven natural gas reserves in 2011.
Canada's proven oil reserves, stands behind only Venezuela and  Saudi Arabia. Canada possesses an estimated 178 billion barrels of crude oil accessible using current technology. Of this reserve, 174 billion barrels are in Alberta’s oil sand fields, which cover 140,200 square kilometers (54,132 square miles) of the province.

Albanian Minerals President and CEO Sahit Muja saying that "The US can cut 100% on its foreign oil dependence by investing in oil shale, natural gas,  wind and solar power".
Albanian Minerals President and CEO Sahit Muja as long as we're going to use oil, then we might as well work to draw it from home, or as close to it as possible in Canada and Venezuela.    

New technology, including a process called hydraulic fracturing, enables the tapping of natural gas sources in the previously cost-prohibitive U.S. regions of Appalachia, the Mid-Continent, the Gulf Coast, and in the Rocky Mountains.
U.S. natural gas reserves have increased 23 percent, mostly on the ability to access those new sources, with estimated reserves totaling 1,898 trillion cubic feet as of the end of 2010.

The United States has the largest known deposits of oil shale in the world, according to the Bureau of Land Management and holds an estimated 2.175 trillion barrels of potentially recoverable oil.
Oil shale does not actually contain oil, but a waxy oil precursor known as kerogen There is no significant commercial production of oil from oil shale in the United States.
Albanian Minerals is investing in global energy sector.

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