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Politics : Rat's Nest - Chronicles of Collapse -- Ignore unavailable to you. Want to Upgrade?

To: Wharf Rat who wrote (9047)	4/12/2009 10:00:16 PM
From: Wharf Rat	Read Replies (1) \| Respond to of 24213

westexas on April 12, 2009 - 5:46pm The EIA has their 2008 net export numbers out. My estimate for the top five (Saudi Arabia, Russia, Norway, Iran & UAE) was 22.5 mbpd, which is what the EIA shows. Here are the 2005 to 2008 numbers, some of which have been revised: 2005 23.5 mbpd 2006 23.0 2007 22.2 2008 22.5 Saudi consumption is up at +6.3%/year since 2005 (to 2.4 mbpd in 2008). At their current rate of increase in consumption, they would be at 4.5 mbpd in 10 years. Here is how our three closest major sources of imported oil (Venezuela, Mexico & Canada) did from 2005 to 2008 (they did 5.3 mbpd in 1998): 2005: 4.7 mbpd 2008: 4.0 theoildrum.com