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Where Is the World’s Largest Oil Reserves?
Saudi Arabia is the second largest producer of oil, after Russia.
But Russia is a huge nation, while Saudi Arabia is less than twice the size of Alaska. And its population is about 8 million, only slightly larger than the population of New York City!
The oil fields in Saudi Arabia now produce around 480 million tons of oil a year. It’s estimated that Saudi Arabia’s oil reserves, still in the ground, total about 7.5 trillion gallons!
Saudi Arabia can also boast the largest single oil field on earth. The Ghawar Field in the eastern part of the country, where oil was discovered in the 1930s, is 150 miles long and produces much of Saudi Arabia’s oil.