How much of the world’s oil reserves are located in OPEC countries?
80% of the world’s oil reserves are located in just 13 countries which make up OPEC (the Organization of the Petroleum Exporting Countries). Algeria, Venezuela, Saudi Arabia, Iran, Iraq, Kuwait, Angola, Indonesia, Ecuador, Libya, Nigeria, Qatar, and the United Arab Emirates. Q: Why is the area that makes gasoline in Louisiana called “Cancer Alley?” A: There are 150 petro-chemical facilities within 100 miles. The “fallout” (term from the EPA) from these facilities is a toxic cocktail of airborne chemicals that affects food, water and soil. Each refinery puts out hundreds of thousands of pounds of toxic chemicals. There are many studies showing links between these chemicals and the exceedingly high levels of cancer in Louisiana.
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- How much of the world’s oil reserves are located in OPEC countries?
