Oil Oil Everywhere

Let’s take a test.

  1. What country produced more oil than any other nation in the world in 1996?
  2. What country produced more oil in 2006 than Iran, Mexico, Canada, Venezuela, the UAE, Kuwait, Nigeria, Iraq, and in fact more than ANY other nation except Saudi Arabia and Russia? In other words, what’s the third-largest oil producing nation on earth?
  3. What country’s annual oil consumption exceeds that of the next five largest oil consumers (China, Japan, Russia, Germany, and India) combined?

When you dig into oil industry statistics, it gets downright fascinating. My friend Grover Jackson found an amazing little webpage of statistics put together by Gibson Consulting (http://www.gravmag.com/oil.html), many of which are abstracted from a site run by the U.S. Government (http://www.eia.doe.gov).

I’m not trying to make a specific point by directing you to these sites, but amidst all the political bickering over energy policy these days, it’s good to be armed with some facts. I leave it to you, dear reader, to answer for yourself such questions as, “Do we really get most of our oil from countries that don’t like us very much?” and “Can’t we just drill our way to energy indepedence?”

By the way, if you answered “the United States” to all three questions above, give yourself a pat on the back. I told you it was fascinating.

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