Great News! Peru just announced the discovery of 1.132 billion barrels of provable oil reserves, lying in wait off their coast.
Man, and it couldn't come at a better time, what with the crazy, crazy cost of gas we have!
So let's see...1.132 billion is 1,132,000,000 barrels. The world burns 84 milllion barrels a day, or 84,000,000. All of Peru's oil would last about 13 and a half days.
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