To overcome the oil crises and monopoly of OPEC one should know that there are 71 million barrels of oil waiting to be discovered in the deep water of mexico sea. There are another 85 billions barrels off coast of N.Africa and the water that surrounds spartly islands in S.China sea could hold as many as 300 billions barrels.
But the greatest secret is that how much oil lies untapped beneath U.S soils. Beneath 1000ft of Rookies surface, largest untapped oil reserve is present which is estimated more than 2 trillion barrels. When this oil will be extracted America would become the world’s largest producer of petroleum.
Check out a a comprehensive projection of world oil exports here.
