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Politics : Bush-The Mastermind behind 9/11?
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To: Raymond Duray who wrote (5446)2/26/2004 8:46:40 AM
From: GUSTAVE JAEGER  Read Replies (1) of 20039
 
Re: You have double counted the West Africa reserves. Nigerian oil is part of the Gulf of Guinea complex. So your 85 Bbbl reserve figure is no good.

Oh, don't worry... I won't drag the hairsplitting out --that settles it:

The US currently obtains about 15.3% of its crude oil imports from West Africa and Africa as a whole has proven reserves of about 80 billion barrels of oil. Most of that oil comes from West Africa. Both exports of African oil to the US and African proven reserves are increasing. By the year 2020 Africa should provide 17% or more of crude oil imports to the US, or about 770 million barrels or more a day. These projections could easily be exceeded given the dramatic increase in offshore oil exploration and production underway in West Africa.

rigzone.com
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