10 Dec '12, 4pm

Oil Watch - Global liquid fuel production trends (EIA data): Executive Summary Monthly oil

Oil Watch - Global liquid fuel production trends (EIA data): Executive Summary Monthly oil

Monthly oil production data reported by the US Energy Information Agency (EIA) offers several advantages over the equivalent data published by the International Energy Agency (EIA). First and foremost, the EIA report natural gas liquids separately enabling a more in depth analysis of underlying crude oil and condensate (C+C) production, they report data for a larger number of countries and make data available to download as XL spread sheets. Asian oil production (C+C+NGL) has been on a plateau of 8 million bpd for over a decade. FSU oil production has been on a plateau of just over 13 million bpd for 3 years. African oil production has been on a plateau of 10 million bpd for 6 years and S American oil production has been on a plateau of 7 million bpd for over a decade. That is 38 million bpd of global production, or just under half, that has been static for many years. Eur...

Full article: http://www.theoildrum.com/node/9689

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