Venezuela Oil 'May Double Saudi Arabia'

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The USGS team gave a mean estimate of 513bn barrels of 'technically recoverable' oil in the Orinoco belt. Chris Schenk of the USGS said the estimate was based on oil recovery rates of 40% to 45%.

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would love to announce such news to the world, thi... by Archie on Sunday, Jan 24, 2010 at 5:19:56 PM
I grew up in an impending oil patch. Don't even co... by Margaret Bassett on Sunday, Jan 24, 2010 at 5:57:29 PM