Here are the numbers:
Saudi Arabia increased production from 10.40 million bpd in July to 10.48 million bpd in August.10.48. Not 10.47 or 10.49, but 10.48. "False precision."
Here are some more numbers:
- global supply / consumption: 100 million bopd
- North Dakota production: 1.2 million bopd
- Saudi Arabia: difference between 10.48 million and 10.40 million = 0.08 million = 80,000 bbls
- DAPL: 470,000 bopd = 80,000 bbls every four hours
The metrics at this post are probably better metrics to track.