US consumed 77m barrels more in 2004 than previously reported – Oilcast #14

In this Oilcast Adam Porter uncovers the fact that in 2004 America consumed an extra 77.75 million barrels of oil on top of what had previously been reported. That is nearly a whole day’s worth of global production…
Plus, Iraq can produce six million barrels per day, more on Unocal, Texan output falls, a Senator says ‘Arab stocks are dwindling’, Claude Mandil agrees with Oilcast.com and plenty more…

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