What does 303 billion barrels of Venezuelan oil look like?
Summary
The U.S. government is now managing the sale of Venezuelan oil after President Nicolas Maduro was abducted. Venezuela has the largest proven oil reserves in the world, totaling 303 billion barrels. This article explains how vast these reserves are using simple comparisons.Key Facts
- The U.S. is currently in charge of selling Venezuelan oil following President Maduro's abduction.
- Venezuela owns the largest proven oil reserves globally, with 303 billion barrels.
- This reserve is over five times the size of U.S. oil reserves.
- If stored in one tank, the oil would reach a mile high and span nearly four miles across.
- This hypothetical tank would cover about half of Manhattan.
- Venezuela holds roughly one-fifth of the world's total proven oil reserves.
- The world's total proven oil reserves are about 1.73 trillion barrels.
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