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Said to represent upwards of 600 companies in the United States, the API is the largest association for the oil and natural gas industry. What does API stand for?

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Oil is measured in barrels, which is equal to 42 US gallons or 159 liters.

Venezuela leads the world with 300.9 billion barrels of oil reserves – a 17.8 per cent share of global reserves.


1. Said to represent upwards of 600 companies in the United States, the API is the largest association for the oil and natural gas industry. What does API stand for?





 
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