Oilwatch Monthly - May 2007
To aid and inform interested people and especially analysts worldwide I have decided to start a monthly newsletter which tracks oil production and stock levels called oilwatch monthly. Many people have no clue about which countries have already peaked or which countries are still on the upslope. I frequently meet people working in the energy discipline in the Netherlands who for instance do not know that production in the North Sea has been declining rapidly since 2000. This newsletter will cover as a basis monthly and quarterly data from the latest freely available Oil Market Report of the International Energy Agency, the Short Term Energy Outlook of the Energy Information Administration, and in future versions the Oil, Gas, Coal & Electricity - Quarterly Statistics of the International Energy Agency, in which a clear division between conventional, natural gas liquids and unconventional oil production is published. In the next edition I intend to add a better division between (conventional) crude oil and all liquids where possible.
For now, enjoy the first issue with 14 pages of graphs of production levels sorted out per region, the aggregrate production of the world and stock levels in Europe and the United States: (PDF size 3.5 megabyte). Feel free to use this newsletter in writing and communication as long as you cite me (Rembrandt Koppelaar), TOD, and ASPO Netherlands.
[Ed. note by Super G] The comment timestamps in this post are incorrect. I hope to restore them soon.
A selection of charts of this issue:
Chart 1: World Production of Crude Oil, source: EIA
Chart 2: World Liquids production, source: EIA & IEA
Chart 3: U.S. Gasoline Stock Levels, source: EIA
Chart 4: Saudi Arabia Crude Oil Production including half of the Neutral Zone, source: EIA & IEA*
Chart 5: Russia Liquids Production, source: IEA
Chart 6: Mexico Liquids Production, source: IEA