Stories tagged with north america

May 2008 EIA Oil Production Record. Will it Too be Revised Downward?

Posted by Gail the Actuary on August 7, 2008 - 9:28am
Topic: Supply/Production
Tags: eia, iraq, north america, oil production, opec, original, peak oil, russia, saudi arabia [list all tags]

Yesterday, August 6, the EIA published new International Petroleum Monthly data. The new data revised downward previously published estimates, all the way back to 2002, with the biggest revisions in 2007 and 2008. With the revisions, the latest month, May 2008, shows new record-high oil production. Other recent months which had previously set records are now 67,000 barrels per day to 417,000 barrels per day lower than reported just a month ago. In this post, I offer a few thoughts on what the new data suggests.


Figure 1. World crude and condensate production, based on August 2008 EIA International Petroleum Monthly

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Arctic Oil and Gas Ultimates

Posted by Luis de Sousa on March 11, 2008 - 10:00am in The Oil Drum: Europe
Topic: Geology/Exploration
Tags: anwr, arctic gas, arctic oil, mackenzie delta, north america, north slope, norway, npra, russia, usgs [list all tags]

This is a guest post by Jean Laherrere.


World Arctic cumulative discovery.
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