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President Barack Obama's economic team released a massive 447-page report (link opens PDF) on the economy last week. The introductory text describes what you might expect from such a report: The ...
Other non-OPEC oil producers including Canada and Brazil are also pumping more oil than ever before. (Brazil is set to join OPEC+ next year.) The strength of US output has caught experts off guard.
Top 5 oil-producing countries 1980–2022 World oil production This is a list of countries by oil production (i.e., petroleum production), as compiled from the U.S. Energy Information Administration database for calendar year 2023, tabulating all countries on a comparable best-estimate basis.
These include performance metrics (P10, P25, P50, P75, P90, Min, Mean, Max etc.) as well as the facility to draw a range of different chart types. Amongst the collection of tools, the Rushmore Drilling Index and Rushmore Drilling Index & Estimated Drilling Days, both designed and owned by the company, are particularly noteworthy.
Brazil's oil production numbers are up, but the 3.8% jump in April over the previous month doesn't sound as pretty when compared to year-over-year production, which is still down 4.9%. With ...
Imports previously accounted for more than 70% of the country's oil needs but Brazil became self-sufficient in oil in 2006–2007. Brazil was the 10th largest oil producer in the world in 2019, with 2.8 million barrels / day. Production manages to supply the country's demand. [117] In the beginning of 2020, in the production of oil and natural ...
Brazil’s government on Tuesday approved joining OPEC+, a group of major oil-exporting nations, signaling the country’s evolution into a major oil state just nine months ahead of hosting the ...
Denial is no longer an acceptable response.” [1] Contradictory to his 2008 campaign promises on the Offshore drilling debate, Obama felt obliged to open coastal areas off the Alaskan coast to exploratory assessments for oil and gas as a means to continue to stimulate economic growth. [2]