All data for this post is from the EIA’s
Petroleum Supply MonthlyAll USA data is through July and the World data is through June 2019. All data is in thousand barrels per day.
Read MoreAll data for this post is from the EIA’s
Petroleum Supply MonthlyAll USA data is through July and the World data is through June 2019. All data is in thousand barrels per day.
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The EIA recently released its International Energy Outlook and it is quite optimistic. In the chart below I compare their estimate for World Crude plus Condensate (C+C) output with an oil shock model with a URR of about 3100 Gb.
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