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Politics : Formerly About Advanced Micro Devices
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To: Tenchusatsu who wrote (1413908)8/11/2023 3:25:27 PM
From: Wharf Rat  Read Replies (1) of 1580630
 
"This song-n-dance will continue until one (or both) of the following happens: 1) We reach peak oil."

And if we already have?

...World oil production decreased by 433 kb/d in April. The largest decreases came from Iraq, 210 kb/d and Canada, 187 kb/d while Saudi Arabia added 350 kb/d.

World Oil Production Projection
World oil production in April decreased by 433 kb/d to 81,784 kb/d.(Green graph).

This chart also projects World C + C production out to December 2024. It uses the August 2023 STEO report along with the International Energy Statistics to make the projection. (Red markers).

The red graph forecasts that World crude production in December 2024 will be 83,432 kb/d and is 1,151 kb/d lower than the November 2018 peak. Note the large increase to 82,028 kb/d in October 2023. This could be due to Saudi Arabia reversing part of its September 2023 1,000 kb/d cut.


World without the US oil output in April decreased by 340 kb/d to 69,107 kb/d. May’s output is expected to decrease by close to another 416 kb/d to 68,691 kb/d. December 2024 output of 70,072 kb/d is 2,719 kb/d lower than October 2018 output of 72,791 kb/d.

World oil production W/O the U.S. from April 2022 to December 2024 is forecast to increase by a total of 965 kb/d.

April Non-OPEC and World Oil Production Drops – Peak Oil Barrel
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