12. Oil Reserves Major Producer Proven Reserves Percentage of World total 1. Saudi Arabia 261. 8 25 2. Iraq 112.5 10.7 3. United Arab Emirates 97.8 9.3 4. Kuwait 96.5 9.2 5. Iran 89.7 8.6 6. Venezuela 77.8 7.4 Source: U.S. Department of Energy International Energy Outlook 2003
13. Oil and Our Planet US Foreign Policy and Oil Part II