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More than 50% of the United States oil reserves come in the form of unconventional shale oil, with Texas alone containing 60 million barrels of this type of fossil fuel.
Iran oil reserves at the beginning of 2001 were reported to be about 99 billion barrels; however in 2002 the result of NIOCâs study showed huge reserves upgrade adding about 31,7 billion barrels of recoverable reserves to the Iranian oil reserves.