that quot;at the end of 2004, world proven crude oil reserves stood at 1,144,013 million barrels, of which 896,659 million … there in the world?Another no less anxious question says: Will we ever see a repeat of the 1970s oil crisis? And guess what … Lebanon, etc? Ok. The world will perhaps not see another 1973's oil crisis in the same terms; yet anxiety is still sticking up …