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Friday, December 7, 2012

From The Oil Drum: Non-OPEC, Non-OECD Production

The oil drum posted a couple of stories updating global oil production, first OPEC, then OECD, and now non-OPEC, non-OECD, which pretty much leaves: China, Russia, Malaysia, Indian and ... Omam.

China has leveled off at 4 million bopd.

Russia and former Soviet states have also leveled off at just under 14 million bopd.

India is blowing away the competition, shattering records, up from 800,000 bopd in 2002 to 950,000 bopd, ten years later. India has 1.2 billion people ... 0.0008 bbls/person/day.  Converting to gallons, 42 x 0.0008 --> 0.03 gallons/person/day.

For newbies: The Oil Drum is a "Peak Oil" site. Production has plateaued during a period when global growth has also plateaued.

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