Colorado finds over a billion barrels of oil in the heart of the state. Oil intrigue rises oil prices by the barrel. Colorado becomes the new promise land destined to save the nation from depression.
Saudi Arabia’s Ghawar oil field is the largest found on the planet so far.
Saudi Arabia has more oil reserves than Iran. Both countries fight for control of the Middle East.
Saudi fields are declining their rate of oil production.
Saudi Arabia estimates petroleum production at over eight million barrels per day.
Oil’s evolution estimates petroleum’s chronology past the three hundred million year mark.
Petroleum was used by Hittites, Sumerians, and Babylonians over five thousand years ago.
Alaska’s Prudhoe Bay has the largest oil field in the United States of America.
Oil engineers admit that oil production has limits.
Supply and demand for petroleum are higher than the source.