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Top 7 Oil Producers
Since last month we all follow what happened in Egypt, ending last week with the resignation of Hosni Mubarak as president of the Country for the last 30 years. Unfortunately, one of the first consequences of these type of acts is the rise of oil prices, in this case because Egypt is strategically located close to the top oil producing countries. This brought me an opportunity to work in a post regarding the top oil producers. After I started this investigation, the information I found was very interesting because there is a slight difference in the raking for the Largest Oil Producing Countries and the Countries With Largest Oil Reserves, and I also found interesting the ranking about the oil consumption, so for this post I will try to show the most accurate information I found about these rankings. Measures are made by bbl (oil barrel= 42 US gallons; 158.9873 l):
1. Russia
Production: 10 120 000 bbl/day (2010)
Oil reserves: 60 000 000 000 bbl (2010)
Ranking: 8
Reserve life (years): 17 (reserve to production ratio)
Consumption: 2 916 000 bbl/day
Ranking: 5
Population: 140 000 000
bbl/year per capita: 7.6
2. Saudi Arabia
Production: 9 764 000 bbl/day (2009)
Oil reserves: 266 800 000 000 bbl (2010)
Ranking: 1
Reserve life (years): 127.5
Consumption: 2 376 000 bbl/day
Ranking: 8
Population: 25 000 000
bbl/year per capita: 33.7
3. United States of America
Production: 9 056 000 bbl/day (2009)
Oil reserves: 21 000 000 000 bbl (2010)
Ranking: 12
Reserve life (years): 8
Consumption: 19 497 950 00 bbl/day
Ranking: 1
Population: 314 000 000
bbl/year per capita: 22.6
4. Iran
Production: 4 172 000 bbl/day (2009)
Oil reserves: 138 000 000 000 bbl (2010)
Ranking: 4
Reserve life (years): 95
Consumption: 1 741 000 bbl/day
Ranking: 13
Population: 74 000 000
bbl/year per capita: 8.6
5. China
Production: 3 991 000 bbl/day (2009)
Oil reserves: 16 000 000 000 bbl (2010)
Ranking: 13
Reserve life (years): 11
Consumption: 7 831 000 bbl/day
Ranking: 2
Population: 1 345 000 000
bbl/year per capita: 2.1
6. Canada
Production: 3 289 000 bbl/day (2009)
Oil reserves: 179 000 000 bbl (2010)
Ranking: 3
Reserve life (years): 188
Consumption: 2 261 360 000 bbl/day
Population: 33 000 000
bbl/year per capita: 24.6
7. Mexico
Production: 3 001 000 bbl/day (2009)
Oil reserves: 12 000 000 000 bbl (2010)
Ranking: 17
Reserve life (years): 9
Population: 109 000 000
bbl/year per capita: 7.1
Source: CIA, Wikipedia, Aneki7 comments
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