Less is more?
2002 Net Change: -934 kb/d 2003 Net Change: +2,279 kb/d 2004 Net Change: +3,065 kb/d 2005 Net Change: 1,294 kb/d 2006 Net Change: -267 kb/d 2007 Net Change: -264 kb/d
Charts are based on Energy Information Administration Crude Oil and Condensate data up to and including January 2008. The label "Other" includes Denmark, Ecuador, Columbia, Equatorial Guinea, Gabon, India, Syria, Vietnam, Yemen, Egypt and everything else not individually assessed by the EIA. The 2002-2008 charts have the same total range of 1000kb/d except for 2003 (although 2004 has a different mid-point). anz.theoildrum.com
==
2) Conventional crude - Latest available figures from the Energy Information Administration (EIA) show that crude oil production including lease condensates increased by 450,000 b/d from November to December. Total production in December was estimated at 74.2 million b/d, which is 96,000 b/d lower than the all time high crude oil production of 74.3 million b/d reached in May 2005 (difference due to rounding errors).
europe.theoildrum.com
“Data always beats theories. 'Look at data three times and then come to a conclusion,' versus 'coming to a conclusion and searching for some data.' The former will win every time.” —Matthew Simmons, ASPO-USA conference, Boston, MA, October 26, 2006
I know...too many numbers. Here's a picture
i129.photobucket.com |