US oil

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Judd's picture
Judd
Status: Member (Offline)
Joined: Dec 12 2008
Posts: 20
US oil

Wondered if anyone knew the percentage of the world's oil produced by the US and how much of it is exported.Thanks

Judd

entropy123's picture
entropy123
Status: Member (Offline)
Joined: Dec 18 2011
Posts: 1
oil exports

Not much exported. A good place to study such matters is The Oil Drum. See also

http://www.cnbc.com/id/49385344

BoulderD's picture
BoulderD
Status: Member (Offline)
Joined: Nov 11 2012
Posts: 3
EIA publishes stats by region... are they accurate?

a link to US Energy Info Admin site attached.  usually quite a good source of raw data for oil, coal, nat gas.  shows US oil production increasing by close to 1mm bpd year over year (june11-june12 going from 10.0-10.9).  That made me look twice (as I believe thats half of global production increase over that time period).  Where is that growth coming from?  If its true, then its a positive trend, however, it made me think about the fuzzy GDP and inflation numbers we've been alerted to.  Any thoughts on fuzzy numbers (would love thread reference, as I haven't figured out how to screen threads by keyword)

 

http://www.eia.gov/cfapps/ipdbproject/IEDIndex3.cfm?tid=50&pid=53&aid=1

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