| .40 | .07 | 2.15
Germany | .14 | .22 | --
Canada | .06 | .33 | 2.31
Northern South America, | | |
including Peru, | | |
Trinidad and Venezuela | .93 | .43 | 13.31
Southern South America, | | |
including Bolivia and | | |
Argentina | .26 | .06 | 8.24
China | -- | -- | 3.19
Italy | } | |
Cuba | } | .02 |
Other countries | } | |
| ------ | ------ | ------
World total | 100.00 | 100.00 | 100.00
-------------------------+--------------+--------------+-------------

Looking forward to the future, it is clear that there will be
considerable shifts in the centers of principal production of petroleum
in the directions indicated by the reserve figures. In particular,
conspicuous development of production may be expected in the immediate
future in the countries bordering the Caribbean Sea and the Gulf of
Mexico. In the eastern hemisphere production is rapidly increasing in
Persia and Mesopotamia; and Russia, with the stabilization of political
conditions, may become ultimately the world's leading oil producer. At
the now indicated rate of production, world reserves now estimated would
be exhausted in eighty-six years and the peak of production would be
passed earlier. With continuing acceleration of production, total
reserves would be exhausted in considerably less time,--providing
physical conditions would allow the oil to be pumped from the ground at
the necessary speed, which they probably will not. These figures taken
at face value are alarming; but the earth offers such huge possibilities
for further discoveries that the life of oil reserves above indicated is
likely to be considerably extended. At many times in the history of the
mineral industry the end has apparently been in sight for certain
products; but with the increased demand for these products has come
increased activity in exploration, with the result that as yet no
definite end has been approached for any one of them. The more immediate