{"id":514,"date":"2006-05-06T06:15:30","date_gmt":"2006-05-06T14:15:30","guid":{"rendered":"http:\/\/www.krunk4ever.com\/blog\/?p=514"},"modified":"2006-05-06T21:47:54","modified_gmt":"2006-05-07T05:47:54","slug":"us-drops-to-3rd-place-as-top-world-oil-producers","status":"publish","type":"post","link":"https:\/\/www.krunk4ever.com\/blog\/2006\/05\/06\/us-drops-to-3rd-place-as-top-world-oil-producers\/","title":{"rendered":"U.S. drops to 3rd place as Top World Oil Producers"},"content":{"rendered":"<p>Since I was small, my dad&#8217;s always told me U.S. was the biggest Oil Producing country and I didn&#8217;t really believe him since it always seemed that most of our oil comes from the middle east. However, I reported last summer that we were actually 2nd. I&#8217;ve been following the trail and started plotting points and adding to my data set and ended up with this graph:<\/p>\n<p><a href=\"http:\/\/www.krunk4ever.com\/gallery\/v\/misc\/top_world_oil_producers.png.html?g2_imageViewsIndex=1\"><img decoding=\"async\" src=\"http:\/\/www.krunk4ever.com\/gallery\/d\/7730-2\/top_world_oil_producers.png\" alt=\"top world oil producers, 2000 - 2004\" \/><\/a><\/p>\n<p>Country x Year = Million Barrels Per Day<\/p>\n<p><code>&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;| 2000 | 2001 | 2002 | 2003 | &nbsp;2004<br \/>\n--------------------------------------------------------<br \/>\nSaudi Arabia &nbsp; &nbsp; &nbsp; &nbsp; | 9.12 | 8.73 | 8.54 | 9.95 | 10.37<br \/>\nRussia &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; | 6.71 | 7.29 | 7.65 | 8.44 | &nbsp;9.27<br \/>\nUnited States &nbsp; &nbsp; &nbsp; &nbsp;| 9.08 | 9.02 | 9.08 | 8.84 | &nbsp;8.69<br \/>\nIran &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; | 3.81 | 3.82 | 3.54 | 3.87 | &nbsp;4.09<br \/>\nMexico &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; | 3.48 | 3.59 | 3.61 | 3.79 | &nbsp;3.83<br \/>\nChina &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;| 3.25 | 3.30 | 3.37 | 3.54 | &nbsp;3.62<br \/>\nNorway &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; | 3.32 | 3.41 | 3.33 | 3.27 | &nbsp;3.18<br \/>\nCanada &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; | 2.74 | 2.80 | 2.94 | 3.11 | &nbsp;3.14<br \/>\nVenezuela &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;| 3.14 | 3.07 | 2.91 | 2.58 | &nbsp;2.86<br \/>\nUnited Arab Emirates | 2.51 | 2.42 | 2.38 | 2.66 | &nbsp;2.76<br \/>\nKuwait &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; | 2.25 | 2.15 | 2.02 | 2.32 | &nbsp;2.51<br \/>\nNigeria &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp;| 2.15 | 2.26 | 2.12 | 2.25 | &nbsp;2.51<br \/>\nUnited Kingdom &nbsp; &nbsp; &nbsp; | 2.75 | 2.59 | 2.55 | 2.39 | &nbsp;2.08<br \/>\nIraq &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; | 2.59 | 2.45 | 2.04 | &nbsp; &nbsp; &nbsp;| &nbsp;2.03<\/code><\/p>\n<p>You can also download my Excel spreadsheet: <a id=\"p515\" href=\"http:\/\/www.krunk4ever.com\/blog\/wp-content\/uploads\/2006\/05\/top_world_oil_producers.xls\">Top World Oil Products &#8211; Chart and Data Set<\/a>.<\/p>\n<p>If you enlarge the chart, you&#8217;ll see that United States was the #1 oil producing country for the years 2001 and 2002. However we fell to #2 in year 2003 and and now down to #3 in year 2004. Unfortunately year 2005 data has not been released yet.<\/p>\n<p>This whole research was sparked off reading this blog entry: <a href=\"http:\/\/www.imao.us\/archives\/005280.html\">We Need a War for Oil<\/a> (from HKenshin), because I was certain that U.S. was either #1 or #2, but was shocked when I found out we dropped even further to #3.<\/p>\n<p>Sources: <a href=\"http:\/\/www.eia.doe.gov\/emeu\/cabs\/topworldtables1_2.html\">Top World Oil Tables<\/a><\/p>\n<ul>\n<li><a href=\"http:\/\/fisher.osu.edu\/fin\/summer2005\/820Lecture%208.ppt\">Top World Oil Producers, 2004<\/a> (Ohio State University &#8211; Fisher College of Business)<\/li>\n<li><a href=\"http:\/\/www.secinfo.com\/d122ap.zwr.htm\">Top World Oil Producers, 2003<\/a> (SEC Info)<\/li>\n<li><a href=\"http:\/\/web.archive.org\/web\/20030810100002\/http:\/\/www.eia.doe.gov\/emeu\/cabs\/topworldtables1_2.html\">Top World Oil Producers, 2002<\/a> (WaybackMachine)<\/li>\n<li><a href=\"http:\/\/www.networkideas.org\/news\/mar2003\/World_Oil_Market.pdf\">Top World Oil Producers, 2001<\/a> (networkideas.org)<\/li>\n<li><a href=\"http:\/\/iws.ccccd.edu\/icsato\/Lectures\/PetroEconomics.PDF\">Top World Oil Producers, 2000<\/a> (Collin County Community College District)<\/li>\n<\/ul>\n<p>One would wonder why if America is one of the top 3 oil producing countries, why do we still have shortages and have to bend our backs for OPEC. If you look at the <a href=\"http:\/\/www.eia.doe.gov\/emeu\/cabs\/topworldtables1_2.html\">Top World Oil Producers, 2004<\/a> table, you&#8217;ll notice that Saudi Arabia exports 8.73 million barrels per day (84.2%) and Russia exports 6.67 million barrels per day (72.0%), but United States is nowhere to be found on that list. I&#8217;d like to bring your attention to another table: <a href=\"http:\/\/www.eia.doe.gov\/emeu\/cabs\/topworldtables3_4.html\">Top World Oil Consumers, 2004<\/a>. The United States consumes 20.7 million barrels per day (we only produce 8.69 million barrels per day) and we import 12.1 million barrels per day. That means we consume 238% of what we produce.<\/p>\n<p>So yah&#8230; now you know why.<\/p>\n<p>Shoot, maybe I should go to bed now. It&#8217;s 7:15am.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Since I was small, my dad&#8217;s always told me U.S. was the biggest Oil Producing country and I didn&#8217;t really believe him since it always seemed that most of our oil comes from the middle east. However, I reported last summer that we were actually 2nd. I&#8217;ve been following the trail and started plotting points &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.krunk4ever.com\/blog\/2006\/05\/06\/us-drops-to-3rd-place-as-top-world-oil-producers\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;U.S. drops to 3rd place as Top World Oil Producers&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[1],"tags":[],"_links":{"self":[{"href":"https:\/\/www.krunk4ever.com\/blog\/wp-json\/wp\/v2\/posts\/514"}],"collection":[{"href":"https:\/\/www.krunk4ever.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.krunk4ever.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.krunk4ever.com\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.krunk4ever.com\/blog\/wp-json\/wp\/v2\/comments?post=514"}],"version-history":[{"count":0,"href":"https:\/\/www.krunk4ever.com\/blog\/wp-json\/wp\/v2\/posts\/514\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.krunk4ever.com\/blog\/wp-json\/wp\/v2\/media?parent=514"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.krunk4ever.com\/blog\/wp-json\/wp\/v2\/categories?post=514"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.krunk4ever.com\/blog\/wp-json\/wp\/v2\/tags?post=514"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}