There is often quite a debate in the Peak Oil community over the
difference between a reserve and a resource. Simplistically a resource
is the amount of, for the sake of discussion, oil that is in the ground
in a certain country, while the reserve is the amount of oil that can be
both technically and economically recovered from that resource. The
numbers can differ quite markedly, and the judgment
300+
by summersd@oilprice.com ...
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2d
http://oilprice.com/Energy/Crude-Oil/Is-Iraq-Capable-of-Becoming-the-Largest-Oil-Producer-in-the-World.html
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