Industrialized Cyclist Notepad


Saudi Arabia gets high on its own supply

Leaving less for our late-night Taco Bell runs.

DUBAI, Nov 19 (Reuters) – Saudi Arabia burned record volumes

of crude oil over the summer, official government figures show,

contrary to its aim of using more gas for power generatation to

reduce wastage of crude that it could export.

During the peak period from early June through September,

Saudi Arabia burned an average of 763,250 barrels per day (bpd)

of crude, compared to an average of 701,250 bpd last year and

747,750 bpd in the previous record summer of 2010, official

government data issued on Sunday under the Joint Oil Data

Initiative (JODI) shows.

via Saudi summer oil burning hits record high in 2012 -JODI – Yahoo! News.



Weird Discrepancy

…between official Russian oil production numbers and JODI numbers.

via http://www.forbes.com/sites/markadomanis/2012/05/20/is-russian-oil-production-plummeting/




Follow

Get every new post delivered to your Inbox.

Join 77 other followers