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We think you'll probably agree that it's going to depend on the value of each barrel.
As we write this, the price of benchmark light sweet crude oil is flirting with $90 a barrel.
At that price, the 2.5 billion barrels under your back yard is worth a cool $225 billion.
The value of 2.5 billion barrels of oil depends on several factors, including the current market price of oil. Assuming a general range, if we consider the current market price at around $50 per barrel, then 2.5 billion barrels of oil would be valued at approximately $125 billion. However, it's important to note that oil prices fluctuate regularly, so the actual value may vary.
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What is 34 percent of 25 billion?
34% of 25 billion = (34/100 x 25) billion = 8.5 billion.
What is 25 percent of 7.5 billion?
25% of 7.5 billion is 1.875 billion
What is 200 billion times 125 billion?
25 billion trillion.
25 billion equals how many millions?
25,000 million. Therefore, 1 billion = 1000 million, 2 billion = 2000 million, 3 billion = 3000 million. Get the idea? So, what would 100 billion be in millions?
What is 25 billion divided by 80 million?
0.3125
How much oil does America use on average in a year?
Data from 2006:20687.42 thousand barrels per daywhich makes 7550755 thousand barrels per year.(7550755000)There are about 80 million barrals of gas that are used per year.
How much foreign oil does US buy each day?
The United States imports around 7-8 million barrels of oil per day from foreign countries. This accounts for approximately 25-30% of the total oil consumed in the US.
How large a share of the petroleum industry does Saudi Arabian Oil Company under Abdallah Jum'ah's direction control?
Saudi Aramco controlled approximately 25 percent (261.8 billion barrels) of the world's oil reserves. Between 1945 and 1974 the company's crude oil production increased by an average of 19 percent
How many barrels of oil do you use in a day?
According this show I am watching right now on the Science Channel, "What if: The Oil Runs Out" each American uses 25 barrels of oil each year. That's about a barrel every two weeks. Contrast that to the Chinese for which each Chinese person uses about 2 barrels each year.
How much oil does Africa consume daily?
i know this is for your homwork it out on your own!
What is the value of a Ruger MK II 10 barrel?
I've seen the barrels selling for around $25 in excellent condition.
What is 34 percent of 25 billion?
34% of 25 billion = (34/100 x 25) billion = 8.5 billion.
What is the value of 1965 quarter dollar?
25 cents. There were almost a billion of these things made, they are not rare.
What is Facebooks value?
In 2008 Facebook was valued at around 25 billion dollars, now nobody knows what value Facebook is today.
What is 25 percent of 7.5 billion?
25% of 7.5 billion is 1.875 billion
What is Drake's Folly?
DRAKE’S FOLLY:** is a man who was born in a place called Titusville , pa western Pennsylvania farm town in 1859.A.D. He was a grocer, congressman & solder. He then soon began producing 25 barrels of crude oil per a day and he then opened page in US dependence on oil.** From the first shocked price was cost more than 500$ of total 25 barrels in 2006.
What is 100 billion divided by 4?
25
