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> Has $10 trillion of proven oil reserves, even at today's oil prices Money isn't the only concern when it comes to oil. Reduction of CO2 emissions is a goal t
by legulere 11y ago
> Has $10 trillion of proven oil reserves, even at today's oil prices
Money isn't the only concern when it comes to oil. Reduction of CO2 emissions is a goal that is becoming more important. Supply with oil is a huge concern for militaries. So the oil demand might drop down even further. Meanwhile you have countries like Venezuela or Nigeria that won't reduce their output.