United States of America is a major producer and importer of petroleum Select the correct answer from the following codes–

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All the above are true. Countries in the Middle East (Iran, Iraq, Kuwait, Saudi Arabia) account for 60% of the world's total oil reserves. Saudi Arabia (with oil reserves of 264.3 billion barrels) ranks first and 4.02 billion barrels of production among these countries. The petroleum reserves of Texas and Alaska in the United States are almost equivalent and USA is also a major producer and importer-exports of petroleum.

United States of America is a major producer and importer of petroleum Select the correct answer from the following codes–

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