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Proved Crude Oil Reserves Annual Rate of Consumption 16.5 billion barrels per year 531 billion barrels How many years do you

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Answer #1

Answer is 32 years

Total reserves 531 billion barrels

Consumption per year = 16.5 billion barrels

No of years = total reserves/ consumption per year

= 531/16.5 = 32.18 or (32 years)

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