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Proved Reserves of Petroleum Are

Question 171

Multiple Choice

Proved reserves of petroleum are


A) the verified quantity of petroleum that can be recovered at current prices and levels of technology.
B) the only reserves likely to be available in the future.
C) refined products awaiting shipment to the market.
D) the total amount of the resource in existence, regardless of the productive effort undertaken to expand the future availability of the resource.

Correct Answer:

verifed

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