OPEC Fig 1: OPEC’s incremental crude oil production Incremental production for each country is the production above the minimum production for the period Jan 2000 – May 2016 (the latest data available…
Tag: Incremental crude oil graphs
World on drip of unconventional oil
Currently lower oil prices due to a combination of increasing oil supplies and subdued demand come at a high cost to the environment and the climate. Additional oil supplies are exclusively from…
US shale oil growth covers up production drop in rest-of-world
We use the period starting with January 2010 when crude production had come back to 2005 levels after the exceptional year of 2009 Fig 1: US crude oil vs crude oil in…
World crude production 2013 without shale oil is back to 2005 levels
Unnoticed by the mainstream media, US shale oil covers up a recent decline of crude oil production of 1.5 mb/d in the rest of world (using data up to Oct 2013). This…
Unsustainable Sydney: cost of using M2 toll-way grows 4 times faster than traffic
Latest figures for the 4th quarter of 2013 show that for a 7.5% increase of traffic over 3 years after an additional 3rd lane was opened, the cost to motorists has jumped…
75 pct of global crude production in 2012 was not higher than in 2005
The following graph shows the changes in global crude oil production since January 2001. The data source is the EIA International Energy Statistics downloaded in December 2012 http://www.eia.gov/cfapps/ipdbproject/iedindex3.cfm Countries have been stacked…
Incremental crude oil production August 2011
(1) By continent (1.1) North America Growing Canadian production from tar sand syn crude could not offset Mexican decline. The US was able to increase production after the last hurricane and the…