How many years will the proven oil reserves of top producers

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According to Oil & Gas Journal, the proven oil reserves of the top 12 oil producers was 1137 billion barrels of oil in 2007. In that year, the U.S. Energy Information Administration reported that the daily oil production from these nations was 48.2 million barrels a day.

At this rate, how many years will the proven oil reserves of the top 12 oil producers last?

Reference no: EM13245936

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