Present situation of traditional coal advertisement

China's coal reserves reach 6 billion tons, ranking third in the world, and its oil reserves are about 3.9 billion barrels (proven in 1997, the oil reserves rank eighth in the world).

China's coal reserves reach 6 billion tons, ranking third in the world, but its per capita reserves are about 462 tons, which is far less than the world average, ranking third in the world, and its oil reserves rank eighth in the world.

The Intelligence Bureau of the US Department of Energy even estimates that Iraq's crude oil reserves may be as high as 3 billion tons. Due to UN sanctions, the daily output of crude oil in Iraq in recent years is only 1.5 million to 2 million barrels (crude oil in the international market is generally measured by "barrels", which is .138 tons per barrel). Experts estimate that if crude oil production is resumed after the change of regime in Iraq, the world oil supply can be increased by 3 million to 5 million barrels per day.

China's coal resources are 15 million tons. The oil reserves are 16 million tons. China's oil reserves only account for 2.3% of the world's total, and its exploitable life is only 2.6 years, which is much lower than the world average life of 42.8 years.