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Indeed, Haiti is believed to have significant oil reserves. Recent findings suggest that these reserves could be even larger than those of Venezuela! The estimated untapped reserves include up to 941 million barrels of crude oil and 1.2 trillion cubic feet of natural gas¹². Areas thought to be rich in oil include the Central Plateau, the bay of Port-au-Prince, Thomond, and the Cul-de-sac plain. Scientists attribute this potential to the tectonic activity where plates meet in the ocean, often harboring substantial hydrocarbon deposits ready for exploitation¹. While Haiti has not yet fully tapped into its oil resources, the discovery holds promise for the nation's economy and the well-being of its population¹. Interestingly, the Oil Trade Journal of 1919 even hints at earlier oil seepages in Haiti, coupled with natural gas seepages that amazed local natives¹. So, yes, Haiti does indeed have oil potential! 🛢️💡🌎
Source: Conversation with Copilot, 6/21/2024 (1) What Are The Major Natural Resources Of Haiti? - WorldAtlas. https://www.worldatlas.com/articles/what-are-the-major-natural-resources-of-haiti.html. (2) Haiti has trillions of dollars’ worth of natural gas - TFIGlobal. https://tfiglobalnews.com/2022/11/02/haiti-has-trillions-of-dollars-worth-of-natural-gas-but-the-west-doesnt-allow-it-to-prosper/. (3) Energy profile: Haiti - Global Energy Monitor. https://www.gem.wiki/Energy_profile:_Haiti. (4) Haiti Oil reserves - data, chart | TheGlobalEconomy.com. https://www.theglobaleconomy.com/haiti/oil_reserves/. (5) List of countries by proven oil reserves - Wikipedia. https://en.wikipedia.org/wiki/List_of_countries_by_proven_oil_reserves.