What is the true amount of oil reserves in the US and worldwide?

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The forum discusses the estimated oil reserves in the US and globally, with figures ranging from 20 billion to over 100 billion barrels in the US alone. Participants are encouraged to share their beliefs about the true amount of oil available and the reasoning behind their estimates. The conversation references OPEC's resources for further information on oil reserves and industry insights. The uncertainty in oil reserve estimates highlights the complexity of accurately assessing global oil supply.
wildman
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We have had a lot of discusions on oil on this forum. One key question is how much oil there really is in the US and the World. People have written everything from 20 billion barrels in the US to 100 billion barrels or more. Could people weigh in on what they believe is the true number and why?
 
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http://www.opec.org/library/FAQs/PetrolIndustry/q1.htm what OPEC says.
 
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