They are also two different numbers — we are taking 25% on about a hundred million barrels a day consumption globally vs 3% on Trillions of barrels in total world reserves
funny how zero is being allowed to yammer on again...
Yes, by “current annual usage” I was referring to the 25% figure. The fact that we may have 3% of current proven reserves does not mean we cannot produce a lot more than we are producing now.