JODI, Canada and the IEA’s Position On Peak Oil

The JODI data came out a few days ago. Below is JODI World Total C+C with EIA data used for countries not reporting to JODI. I use EIA data also for Venezuela and Iran because JODI uses data reported by these two countries which is political and inflated by about one million barrels per day by Iran and half a million barrels a day by Venezuela.

The data is in kb/d with the last data point September 2013.

JODI World Total

Notice that JODI has a new world high in July just like the EIA had but down 976,000 barrels per day from July to to September.

JODI has Non-OPEC at about 350,000 barrels below the peak in December 2012.

Jodi Non-OPEC

I don’t put much stock in the JODI data but I do find it interesting look at occasionally. And since it is usually almost two months ahead of the EIA data it does give me some idea of where production will be two months ahead of the EIA report.
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