The ratio of reserves to annual production (R/P) is an indication of:
A) how much oil each OPEC country is allowed to produce
B) how much energy countries are allowed to hold in reserve
C) the price/barrel as determined by the total output around the world
D) the number of years the known reserves will last
E) the effect of non-OPEC countries on total world production

Question

Quizplus · Accepted Answer

The ratio of reserves to annual production (R/P) indicates the number of years that the current known reserves will last at current production levels. Therefore, the correct answer is D.

The Ratio of Reserves to Annual Production (R/P) Is an Indication