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

To: Wharf Rat who wrote (11417)	11/10/2010 11:33:55 PM
From: Wharf Rat	Read Replies (1) \| Respond to of 24233

UPDATE 1-US EIA sees bigger drop in 2011 non-OPEC oil output Tue Nov 9, 2010 5:33pm GMT WASHINGTON Nov 9 (Reuters) - The U.S. Energy Information Administration on Tuesday increased its forecast of a decline in non-OPEC crude oil production next year by 10,000 barrels per day from the agency's prior estimate. In its new monthly energy forecast, the EIA said it now expected non-OPEC oil output to fall by 250,000 bpd next year to an average 51.22 million bpd. The drop in 2011 output is due to declining total North American and North Sea oil production and decreasing supplies from Russia, the agency said. For 2010, the EIA increased its forecast growth in non-OPEC oil output by 110,000 bpd, with production increasing by 1.01 million bpd to 51.47 million bpd this year. Most of this year's production increase comes from the United States, Brazil and the former Soviet Union, the EIA said. (Reporting by Tom Doggett; Editing by Lisa Shumaker) af.reuters.com